Jay Clayton emphasizes the need to regulate Cryptos

Jay Clayton emphasizes the need to regulate Cryptos

Jay Clayton, the U.S. Chairman of Securities and Exchange Commission, has interesting insights exposed during the talk on “Cryptocurrency and Initial Coin Offerings” session at the Princeton University. He added, “I think if we don’t stop the fraudsters, there is a serious risk. The regulatory actions will also be so severe that they will restrict the capacity of this new security.”

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