The SEC Chairman, Caution Should Be Taken in Oversight of Cryptocurrency.

Risks of Crypto Technology

Paul Atkins, the Chairman of the Securities and Exchange Commission (SEC) of the United States, stated that the innovative technology in the cryptocurrency space poses a dangerous allure for governments to abuse their 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.