Ebersole in ‘Compliance Matters’ on Future of Bitcoin Regulation
Washington Partner Ashley Ebersole was quoted at length Dec. 4 by Compliance Matters regarding the recent spike in Bitcoin value, the potential for regulatory oversight of decentralized finance or “DeFi,” and how digital asset and cryptocurrency regulation could evolve at the Securities and Exchange Commission and Commodity Futures Trading Commission under the Biden administration. “The recent increase [in the price of Bitcoin] is making the Bitcoin space look more and more like a traditional asset space from an investor-protection and enforcement perspective,” said Ebersole, a former SEC attorney. “Key differences are that investors may be less informed about what they’re actually buying, or they may be transacting with new providers with whom they have no history. Both provide potential scenarios for the SEC and CFTC to take action if investors are threatened or harmed.”
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