sherrod brown gID 2 New Senator Prompts Regulators to 'Do More' to Combat Crypto Scams and Fraud

New Senator Prompts Regulators to ‘Do More’ to Combat Crypto Scams and Fraud

The chairman of The Senate Banking Committee has called for more regulation in The crypto industry to protect investors from scams and fraud.

– He pointed to The recent collapses of lending platforms like Celsius and Voyager as examples of how investors can be harmed.

– The Committee will push for more action from U.S. regulators, including The SEC, to better protect consumers.

– Senator Toomey criticized The SEC for not being more proactive in regulating digital assets and services.

 

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