U.S. Congressman Brad Sherman: SEC should legislate to clarify the securities attributes of cryptocurrencies
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Odaily Odaily reported that after Patrick McHenry, chairman of the U.S. House Financial Services Committee, spoke, Congressman Brad Sherman mentioned the topic of cryptocurrency for the first time. Sherman said: "The SEC is the primary agency for protecting investors, and it is responsible for almost all other intangible investment assets. We can provide clear regulations, although I don't think it is necessary. We can pass additional regulations to make it clear that cryptocurrency is a security." (FOX Business)
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