Cryptocurrency and securities regulation

By Kelvin Lester Lee

Sep 01, 2021 12:20 am

'Right now, we just don't have enough investor protection in crypto,' US Securities and Exchange Commission (SEC) Chairman Gary Gensler told the Aspen Security Forum last month.

'At this time, it's more like the Wild West. This asset class is rife with fraud, scams, and abuse in certain applications. In many cases, investors aren't able to get rigorous, balanced, and complete information. If we don't address these issues, I worry a lot of people will be hurt,' he also said.

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