SEC Chairman: Caution Must Be Exercised in Oversight of Cryptocurrency

The Risks of Crypto Technology

Paul Atkins, the Chairman of the U.S. Securities and Exchange Commission (SEC), stated that the innovative technology of cryptocurrencies presents a dangerous allure for governments to abuse investor oversight.

Atkins emphasized during the sixth roundtable meeting related to crypto that U.S. policymakers need to limit the government's appetite for personal data. This meeting addressed issues of privacy and surveillance.