Who should be the federal regulator of crypto?

In the realm of cryptocurrency and finance, a pertinent question arises: Who should be entrusted with the role of federal regulator for crypto? This query delves into the complex intersection of technology, finance, and policy. With the rapid evolution of digital currencies and blockchain technology, the need for a clear regulatory framework has become increasingly urgent. The question begs for a careful consideration of various stakeholders, including traditional financial institutions, technology companies, and consumer protection groups. Each of these entities has a vested interest in ensuring the stability, security, and fairness of the crypto market. Therefore, the search for an appropriate federal regulator must balance the diverse perspectives and needs of these groups to safeguard the future of cryptocurrency.