Sen. Elizabeth Warren (D-Mass.) said yesterday that the Securities & Exchange Commission is off to a good start when it comes to regulating crypto, but said that the agency still has more work to do in overseeing the industry, YahooFinance.com reported. “The commission has been loud and clear that crypto doesn't get a pass from longstanding security laws that protect investors," Warren said during a speech yesterday. "The SEC has the right rules and the right experience and [SEC Chair] Gary Gensler is demonstrating that he is the right leader to get the job done," Warren said. "[But] the SEC needs to do even more and use the full force of its regulatory powers across the entirety of the crypto market." Warren called on the SEC to double down on using tools to enforce securities laws, and said where the agency needs more cops on the beat it is on Congress to step up with more resources for the Commission.
