According to BlockBeats, on September 24, FOX Business journalist Eleanor Terrett reported that U.S. Congressman Brad Sherman addressed the topic of cryptocurrency for the first time following a speech by Patrick McHenry, Chairman of the House Financial Services Committee.

Sherman stated, 'The SEC is the primary agency for investor protection and is responsible for almost all other intangible investment assets. We can provide clarity, although I do not think it is necessary. We can clarify that cryptocurrency is a security through additional regulations.'