“Ultimately, inadequate disclosures persist because opacity serves sponsors, executives, and other crypto industry insiders,” Brown argued. “It is far easier to profit when customers are left in the dark. That’s why the crypto companies resist real transparency and try to force Americans to accept the paltry, self-serving disclosures endemic to the industry.”
Source: https://www.coindesk.com/policy/2023/09/14/most-important-us-senator-for-cryptos-future-tells-regulators-to-use-existing-powers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines