Watch: Sen. Cynthia Lummis and DC regulators weigh in stablecoin chaos and how to police crypto
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CNBC Mackenzie Sigalos speaks to Sen. Catherine Lummis of Wyoming, CFTC Commissioner Caroline Pham, and Acting U.S. Comptroller of the Currency Michael Hsu about stablecoin turmoil and what regulations are needed moving forward. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Francisco Gimeno - BC Analyst When DC regulators start to speak publicly about regulations, it means there is already a lot of movement behind. The debacle of Terra Luna and stablecoins has been the latest trigger. The framework which will be built should be for the best, to make those crypto products which really work better and eliminate those which have no proper foundations.