Caitlin Long on Crafting Positive Cryptocurrency Regulations

Note: This is part 2 in a multi-part interview series with Caitlin Long, a 22-year Wall Street veteran who formerly led Morgan Stanley’s Pension Solutions Group. Long, an ardent blockchain advocate, has been critical of Wall Street’s corrupt banking practices, which she fears institutions will integrate into their cryptocurrency products and services. Read part 1 here.

Part 2 of CCN’s Interview with Caitlin Long

CCN: The entire [framework of] regulation is just a mystery to me at this point. There are so many things that are obvious that you think makes sense that just aren’t out there as far as protections go. I think we saw a lot of that in 2008 where you had these retail investors saying, “I had this much money, what happened?” I think there was a case where you had a savings bank losing hundreds of thousands of dollars with Lehman Brothers, that wasn’t guaranteed because I think they were a citizen of Hong Kong.

CL: I was reading an IMF paper. Sad enough…