|Policy Week 2023

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You Want Crypto Regulation? I’ll Give You Crypto Regulation

Maybe Congress should separate custody from exchange, the way it severed Wall Street from commercial banking nearly a century ago. This piece is part of CoinDesk’s Policy Week.

By Marc Hochstein

Updated Jun 14, 2024, 4:55 p.m. Published Jan 26, 2023, 5:20 p.m.

Sen. Carter Glass and Rep. Henry Steagall, authors of the Depression-era U.S. law that separated investment banking and commercial banking for decades. (Wikimedia Commons)