In the recent months, the Commodity Futures Trading Commission has demanded to place itself as the leading regulator of the emerging cryptocyurrency industry in the United States. The respected chairman of CFTC and the Securities and Exchange Commission (SEC) testified to the Senate Banking Committee about their perception about the risks and challenges raised by cryptoculture last month. SOURCE https://news.bitcoin.com/crypto-regulator-cftc-chairman-takes-funding-cuts-incredibly-personally/
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Regulation is needed to stop scams. Good project will thrive.
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I am actually happy that crypto companies and ICOs go through some regulation because there are just far to many scams out there.
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