Should Cryptocurrencies Be Regulated like Securities?

Capitol Hill Briefing
July 24, 2018 12:00 PM to 1:00 PM EDT

2045 Rayburn House Office Building

Featuring Diego Zuluaga, Policy Analyst, Center for Monetary and Financial Alternatives, Cato Institute; Brian Knight, Director of the Program on Financial Regulation and Senior Research Fellow, Mercatus Center; moderated by Matt Weibel, Director of Government Affairs, Cato Institute.

Cryptocurrencies are now a $270 billion market, and initial coin offerings (ICOs) raised more than $8 billion in the first five months of 2018. What is the appropriate regulatory framework for this emerging financial technology? In this Capitol Hill briefing, Cato’s Diego Zuluaga and Mercatus’ Brian Knight will address whether and how cryptocurrencies might be determined to be securities, the role of cryptocurrencies in value creation, and the use of ICOs as fundraising vehicles. Zuluaga will outline a regulatory framework for securing innovation while ensuring protection against fraud and crime.