Lawyer: Unclear jurisdiction creates regulatory uncertainty in the US encryption and blockchain

On August 5th, for the US regulatory status in the field of encryption and blockchain, CoinList general counsel George Quinn said that one problem in the United States is that this asset class is at the border of multiple regulatory agencies, so the jurisdiction is unknown. Uncertainty. Quinn added: "In addition, many Americans believe that we already have strong capital markets and innovation opportunities, unlike the same incentives as other jurisdictions, which may be using this new industry. To stimulate the domestic economy. However, we do not think this is the right approach for the United States."