Rather than waiting on the federal government to codify rules, states could move forward with standards of their own, such as liquidity requirements, as a condition for all crypto trading platforms to have an operating license, Loadholt said Thursday. The federal government is more likely to regulate crypto through enforcement actions rather than through legislation, he said.
Source: https://www.coindesk.com/policy/2022/06/30/states-not-congress-will-lead-crypto-regulation-says-legal-expert/?utm_medium=referral&utm_source=rss&utm_campaign=headlines