Michael J. Hsu was the Acting Currency Comptroller. He stressed the necessity of collaboration with major crypto intermediaries, in order to better understand and manage the risk within the rapidly growing cryptocurrency market.

Talk at the Transatlantic Finance Forum on the topic of “The Future of Crypto-Assets and Regulation”, Hsu pointed out the various venues — crypto exchanges, nonfungible tokens (NFT) and metaverse — where anyone with an internet connection can invest, adding: