According to the head of CFTC Christopher Giancarlo, it is very difficult to find a place for cryptocurrencies in the law of 1935. So, as forklog.com writes, countries will not be able to take the necessary regulation of the cryptocurrency market in the near future, since for this it is necessary to amend the rules that were adopted in the distant 1935.
Christopher Giancarlo drew attention to the fact that the Commission on commodity futures trading is difficult to determine in the rules of 1935 the place where the cryptocurrencies can be attributed. It was said that the CFTC sees elements of securities that fall under regulation, but in digital assets one can find any aspects, the main thing is to know which side to look at. Source: innov.ru