Thank you, Mr. Chair.
Thank you to all the witnesses. What I've heard this morning is very interesting. There are still many points that remain unclear, and so we're going to try to shed a little light on them.
Mr. Mosoff, you've often said in the media that the cryptocurrency industry is not a wild west that could be tamed without appropriate regulation. You believe that the industry and the organizations that regulate this new financial system need to work together. There's some cleaning up to do here.
Can you specify what in particular is needed to modernize this industry's regulatory framework?