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What is Cryptocurrency? Regulating An Unprecedented Technology

  • February 23, 2022

Cryptocurrency has taken the world by storm. Depending on the day, digital currencies are now cumulatively valued at several trillion dollars. Financial and non-financial corporate executives, once dismissive, increasingly understand the importance of cryptocurrency and related technologies for the future.

However, the federal government is only in the early stages of deciding how to regulate cryptocurrency, which could have enormous implications going forward.

In this condensed conversation hosted by the Progressive Policy Institute, Congressman Jake Auchincloss (D-MA) provides some remarks on his experience in the field and where he sees his role as a Member of Congress in regulating this unprecedented technology. His remarks ignited a dynamic discussion with business leaders, including Dante Disparte, Circle’s Chief Strategy Officer and Head of Global Policy, Kirsten Wegner, CEO of the Modern Markets Initiative and a Mosaic Project cohort member, and Michael Katz, Director of Legal, Digital Currency Group. PPI’s Vice President and Chief Economist Michael Mandel moderated the conversation.

Watch the full panel event here.

Learn more about the Progressive Policy Institute here.

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