U.S. SEC Commissioner: Regulation aims to keep crypto assets from being linked to fraud

According to Reuters, US market regulators said on Monday that the rapid growth of digital assets and computer-driven investment proposals has become a key challenge for regulators to protect investors while trying to keep up with technological advances. Robert Jackson, a member of the Securities and Exchange Commission (SEC), said the agency is seeking legislation to promote technological change. He went on to say that another challenge is to regulate assets such as cryptocurrencies, which are "exciting but also accompanied by risks." The aim is to keep such assets from being associated with fraud and to provide investors with appropriate protection.