U.S. Senator Ron Wyde: Cryptocurrency needs a sound regulatory system

Odaily News Ron Wyden, a U.S. senator from Oregon, recently voted in favor of the House resolution to overturn the SEC's Staff Accounting Bulletin 121, questioning the threat to personal and financial privacy online. Ron Wyden said that what cryptocurrencies really need is a sound regulatory system. This is what Republican Senator Patrick McHenry is trying to do. Scammers and scammers need to be dealt with harshly. I think McHenry is right to establish a regulatory system and focus more on combating fraud and scammers. (Coindesk)