According to BlockBeats, on September 24, FOX Business reporter Eleanor Terrett revealed that after Patrick McHenry, chairman of the U.S. House Financial Services Committee, spoke, Congressman Brad Sherman mentioned the topic of cryptocurrency for the first time.

“The SEC is the primary agency responsible for investor protection, and it has responsibility for almost every other intangible investment asset,” Sherman said. “We can provide clarity, although I don’t think it’s necessary, by passing additional regulations to make it clear that cryptocurrencies are securities.”

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