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okay now when iamp;#39;ve read through your testimony itamp;#39;s clear that you are not anti-regulation but you do feel that this industry can pretty much regulate itself and yet we know that thereamp;#39;s scoundrels in the industry sam you know kind of like greshamamp;#39;s law the bad can drive out the good how can you self-regulate or or should you just actually say to the say cftc cftc regulators i think it would make a ton of sense for you know some combination of cftc and sec to regulate the crypto industry i think theyamp;#39;re already markets regulators a lot of the regulation frankly parts over pretty cleanly to the crypto ecosystem there are a lot of pretty nasty points right now um in the regulatory framework that i think have to be worked out around where various assets qualify um but i think that at its core you know markets regulation by the cftc i think asset issuance regulation by the sec make it a ton of sense for the industry well that does make you a bit of a
