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Crypto regulation must go through Congress for lasting change — Wiley Nickel

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 19 Views

Executive orders can be repealed by future US presidential administrations just as quickly and easily as they were established.

Crypto regulations must be enacted through an act of Congress to become permanent and meaningful pieces of legislation, according to former Congressman Wiley Nickel.

In an exclusive video interview with Cointelegraph's Turner Wright, Nickel urged bipartisan collaboration to push through comprehensive crypto regulations. The former Congressman added:

“You don’t want to have the mess that we saw just months ago with Gary Gensler’s SEC — you need to get legislation through Congress,” Nickel reiterated.

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