Kevin Helms reports in bitcoin.com that "Former SEC Chairman Harvey Pitt says that he expects a “fair amount” of crypto regulation coming from the U.S. Securities and Exchange Commission (SEC) following the confirmation of the new chairman."
The former chairman said that "right now, I think the rules are unclear. Whether or not certain offerings involve securities or not is unclear. I would expect to see clear rules of the road evolve under his leadership.”
Although everyone in the crypto sphere is expecting new regulations, one can only hope that it doesn't go too far to nullify all the benefits crypto offers to the common crypto user.
What is your take - how far will the SEC go to regulate the crypto?