TechFlow news, according to FOX Business journalist Eleanor Terrett, after remarks by House Financial Services Committee Chairman Patrick McHenry, Representative Brad Sherman brought up cryptocurrency for the first time.
Sherman stated: "The SEC is the primary agency responsible for protecting investors and has jurisdiction over nearly all other intangible investment assets. We could provide clarity—though I don't believe it's necessary—by passing additional regulations to explicitly state that cryptocurrencies are securities."
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