Author: Caroline D. Pham and Hester M. Peirce, opinion contributors

Making progress on decentralized regulation — It’s time to talk about crypto together

Decentralization is a frequent theme in crypto conversations. Usually the term refers to the actual or aspirational elimination of intermediaries from finance, social media, or other human enterprises. But “decentralized” is also an apt description of the regulatory landscape for crypto. Crypto has many actual and aspirational regulators. Regulatory decentralization can have benefits, but, if…