Responding to Sen. Elizabeth Warren's call for SEC to clarify its role on crypto regulations, former CFTC Chairman Timothy Massad suggests that the SEC, despite not having direct authority to regulate crypto exchanges, could approve bitcoin ETFs as a way to "bring some regulatory standards." "Let's use [ETFs] as a tool to get to... create incentives for self-regulation," Massad said. Plus, his take on stablecoins, DeFi, and bitcoin's value.
