U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently have over digital assets to improve market transparency and protect the investors putting their money into the sector.
Brown sent a letter to the heads of the Treasury Department, Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), calling for them to address the dangers of the industry.
“I ask that your agencies assess their authorities and evaluate how we can build on our existing disclosure guardrails to effectively target
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