A common concern among regulators of cryptocurrencies is that a lack of international harmony across jurisdictions creates “regulatory arbitrage” for developers of what is a global, borderless 24/7 technology and market. In this week’s episode, we go to Ireland.
Authorities are also contemplating a capital threshold for crypto exchanges and education requirements for the executives at the firms, Bloomberg said, citing an unnamed official.
Oon CNBC’s ‘Squawk Box’ on Monday, Allaire spoke about the regulatory attitudes toward stablecoins and how the incoming administration may treat crypto.