Golden Finance reported that according to FOX Business reporter Eleanor Terrett, after Patrick McHenry, chairman of the U.S. House Financial Services Committee, spoke, Congressman Brad Sherman mentioned the topic of cryptocurrency for the first time. Sherman said: "The SEC is the primary agency for protecting investors and is responsible for almost all other intangible investment assets. We can provide clarity, although I don't think it is necessary, and we can pass additional regulations to make it clear that cryptocurrency is a security."