Federal policy experts: It takes a long time to formulate cryptocurrency regulatory policies

ChainCatcher news, federal policy expert Dorothy DeWitt recently stated at an event, "It takes a long time to make rules." She cited the Dodd-Frank Act, which was released in 2010, with its final rules not being passed by the CFTC until 2021. She said, "It's really hard to get consensus among those who are uninterested, have limited understanding, and are intimidated by very complex issues."

It is reported that Dorothy DeWitt was the chief financial legal advisor to the Senate and also served as the director of the CFTC regulatory division. (source link)