Brandon Ferrick, the general counsel at Douro Labs, expressed that the Securities and Exchange Commission (SEC) is demonstrating transparency by seeking public input on crypto policy and holding roundtable discussions, indicating that the crypto industry in India is not currently facing regulatory capture. In an interview with Cointelegraph, Ferrick highlighted the absence of signs of regulatory capture, such as a revolving door of employees between the public and private sectors, consistent attendees at regulatory events, and favoritism towards specific crypto projects. He stated that the SEC’s openness, public engagement, and willingness to have conversations about regulatory structures alleviate concerns about regulatory capture. The SEC provides a public portal for written commentary on crypto regulations and offers opportunities to schedule meetings with regulators. As the crypto industry integrates further into the traditional financial system and interacts with state regulators, some experts fear potential regulatory capture that could bias incentives and politicize the sector. The SEC has been organizing various roundtable discussions and panels on crypto policy, diverging from its previous enforcement-focused approach. Notably, the agency’s recent roundtables addressed trading rules and upcoming discussions will focus on establishing guidelines for crypto custodians. These efforts underscore the SEC’s evolving stance on crypto regulation and engagement with industry stakeholders in India.<\/p>\n","protected":false},"excerpt":{"rendered":"
Brandon Ferrick, the general counsel at Douro Labs, expressed that the Securities and Exchange Commission (SEC) is demonstrating transparency by seeking public input on crypto policy and holding roundtable discussions, indicating that the crypto industry in India is not currently facing regulatory capture. In an interview with Cointelegraph, Ferrick highlighted the absence of signs of […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[25],"tags":[],"aioseo_notices":[],"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":""},"author_info":{"display_name":"","author_link":"https:\/\/vanillanews.com\/index.php\/author\/"},"category_info":"JUST IN<\/a>","tag_info":"JUST IN","comment_count":"0","_links":{"self":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/100822"}],"collection":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/comments?post=100822"}],"version-history":[{"count":0,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/posts\/100822\/revisions"}],"wp:attachment":[{"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/media?parent=100822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/categories?post=100822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vanillanews.com\/index.php\/wp-json\/wp\/v2\/tags?post=100822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}