Former SEC Chairman Warns of Regulatory Crackdown for Cryptocurrencies

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TheMerkle SEC Regulation CryptocurrencyIt’s a well-known secret that the Securities and Exchange Commission has been cracking down on initial coin offerings. These developments took some people by surprise, as they had assumed cryptocurrencies in general would face additional scrutiny as well. So far, that has not happened, although it seems to be only a matter of time until this situation changes. Former SEC chairman Harvey Pitt claims we can expect “major regulatory responses” as early as 2018. What Does the SEC Have in Store for Bitcoin? We have seen a fair few interesting cryptocurrency-related trends in 2017. The rejection of Bitcoin ETFs was a

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