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US Congressman Brad Sherman: SEC should regulate cryptocurrency and can legislate to clarify its securities attributes
According to a report by Golden Finance, Congressman Brad Sherman mentioned cryptocurrency for the first time after remarks by Patrick McHenry, chairman of the Financial Services Committee of the US House of Representatives, reported by FOX Business reporter Eleanor Terrett. Sherman said: SEC is the primary agency for protecting investors and is responsible for almost all other intangible investment assets. We can provide clarity and, although I don't think it's necessary, we can clarify that cryptocurrency is a security through additional regulations.