CryptoDad: The Fight for the Future of Money

The CFTC operates under the statutory framework of the Commodity Exchange Act (CEA),2 a law that was originally passed in 1936 but has been amended several times since.

Leo Melamed, Man of the Futures: The Story of Leo Melamed & the Birth of Modern Finance

We need officials with courage, determination, foresight, and the willingness to take risk.

state surveillance, social credit systems, law subservient to the state, and centrally planned economic activity—will be embedded into the future of money, diminishing the vibrancy and health of the global economy, individual liberty, and human advancement.

urged the CFTC and other US market regulators to follow five principles when regulating digital markets: embrace innovation, protect intellectual property, repurpose old rules for an emerging digital age, unburden the economy for growth, and champion US markets.

This wave will do to currency, financial instruments, and economic activity what the Internet of Information did to knowledge: reduce costs, increase speed, transcend barriers, improve accessibility, enhance certainty, and decrease bottlenecks to instantaneous transactions across the globe.

There is a connection between singularly focused federal regulation and having the world's most competitive derivatives markets.

It passed through that intersection of law, markets, and technology that consistently remained the course of my career.

If we act now, we can make sure that democratic values—freedom of speech, individual economic privacy, free enterprise, and free capital markets—are encoded in the digital future of money.