Muddied and Fairly Opaque Crypto Industry Needs Oversight, Says US Lawmaker

A member of the U.S. House Financial Services Committee wants lawmakers to focus more attention on initial coin offerings (ICOs) and the trading of crypto assets, calling the market “muddied and fairly opaque.”
Regulators Need to Ensure Crypto Investors Are Protected
Representative Bill Huizenga, a Michigan Republican, is reported to have voiced his concerns yesterday. According to him, Congress needs to work with regulators to make sure that crypto investors are protected when