Banking lobby, DFI urge Wisconsin lawmakers not to deregulate crypto staking
Home » Featured » Banking lobby, DFI urge Wisconsin lawmakers not to deregulate crypto staking
Wisconsin State Capitol. Photo by David Wise, Sept. 25, 2024.
Representatives from Wisconsin’s banking lobby and the Department of Financial Institutions told a legislative committee examining crypto staking that they oppose deregulating the practice.
DFI Assistant Chief Legal Counsel Mike Gavigan said applying state securities laws to innovative financial products was “nothing new,” and lawmakers should not remove existing protections by exempting crypto st...
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