This Coindesk article argues that crypto should embrace securities law. The article notes that securities law has helped to create the modern financial system by providing a framework for the issuance, trading and regulation of securities. It also mentions that the crypto industry has struggled to gain mainstream acceptance due to regulatory uncertainty and lack of oversight. The article suggests that by embracing securities law, the crypto industry could benefit from the same framework that has made modern financial systems possible.
Securities Law Helped Build Modern Capitalism. Crypto Should Embrace It