California Opposes SEC Crypto Plan, Citing Investor Risks
Edited by Steinar Vigdel Kolnes, Editor, Oslo
California has opposed an SEC crypto plan over investor protection concerns, according to a Bitcoin.com News headline.
California has objected to a crypto-related plan from the U.S. Securities and Exchange Commission, according to Bitcoin.com News.
The outlet’s headline links the opposition to concerns about investor protection. The supplied material does not specify which safeguards California believes could be at risk.
No further details were provided about the proposal, the California officials involved or any response from the SEC.
Source: Bitcoin.com News