Partner Kristin Lee took part in a Q&A series for the Financial Technology Association’s Fintech Explained blog, where she discussed fintech policy issues on the horizon. In her profile, Kristin said one of the regulatory and legislative matters she is tracking is the question of whether regulation dealing with digital assets is needed, given a turbulent year.
“The federal banking agencies continue to take a careful and cautious approach to digital asset initiatives, recently highlighting crypto-asset risks to banking organizations,” Kristin said.
“We will likely see continued enforcement in this space by various US financial regulators, as each regulator’s jurisdiction over the crypto industry remains uncertain.”