Former SEC Chairman Harvey Pitt says the rules surrounding cryptocurrencies are unclear and expects the SEC to move forward with "clear rules of the road." He also reacts to the implosion of Archegos. Pitt speaks with Bloomberg's David Westin on "Balance of Power."
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Francisco Gimeno - BC Analyst New paradigms come with novelty and disruption but also with regulations. Nothing works in this world without being regulated, and that is a rational point of view. Soon or later rules will come, becoming global standards for the digital economy. We are living interesting times.