Measuring the Regulatory Gaps for Digital Assets and the Use of Technology to Bridge the Gap
Authors
Dan M. Berkovitz (Former General Counsel of the SEC and former Commissioner of the CFTC )
Mriganka Pattnaik (CEO, Merkle Science)
| In the first section of this article, Dan M. Berkovitz outlines the regulatory gap that currently exists in digital assets, the risks it presents to individual stakeholders and the overall financial system, and how this gap might be addressed by policy in the long term and the implementation of regtech solutions in the short-term. In the second section of this article, Mriganka Pattnaik explores the role of blockchain analytics and technology solutions for market participants, investors, and government agencies to work together to operationalize the prevention, detection, and enforcement of illicit activity on the blockchain. |
I. Regulatory Gaps in the U.S. over Digital Assets
By Dan M. Berkovitz, former SEC General Counsel and former Commissioner at CFTC