Best of Bloomberg Intelligence (03/30/2022)

The video discusses the current state of crypto regulation in the US and Europe, highlighting that Europe is ahead in policy development. It examines the impact of regulation on established players like Coinbase and FTX, noting their preparedness due to resources and regulatory engagement. The SEC's approach to token regulation is explored, with a focus on the Ripple case and the broader implications for the industry. The video concludes with a discussion on regulatory gaps and the need for a cohesive framework, anticipating future involvement from Congress.

What is the significance of the SEC's stance on tokens being classified as securities?

In what ways do regulatory gaps affect the cryptocurrency market?