Notable points asked of and addressed by the witnesses included the need for security and investor compliance for U.S. cryptocurrency exchanges; the need (or
in Rosenblum's
case, lack thereof) for regulators to distinguish the
difference between cryptocurrencies that are considered digitally scarce commodities and securities tokens; the need to establish a harmonization among the «patchwork» of regulatory agencies dictating how to move forward; and the policing of cryptocurrencies, all
in such a way that won't stifle domestic innovation by forcing investors and businesses to leave the country.