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House Calls on Regulators and Stakeholders to Provide More Data

Rep. Raja Krishnamoorthi of Illinois has called on U.S. regulators to provide information about what they are doing to fight cryptocurrency-related consumer abuse and fraud. So reports ABC News.

To that end, Krishnamoorthi, who is the head of the House Economic and Consumer Policy subcommittee, specifically called upon the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Treasury Department and the Federal Trade Commission to provide data. Several large exchanges were also sent letters requesting “documents on company policies regarding the removal of fake accounts.”

Read the full article from ABC News.

 

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