Thank you, Mr. Chair.
I completely agree. I think that regulation is needed to protect people because, if not, they do not have any alternative or a safe place to go. At the very least, the financial market authorities must be able to send and train workers to help people in this area.
Without those resources, people are being thrown to the wolves. They are being left to fend for themselves. One of my family members got duped by an untrustworthy broker. It is important to remember that blockchains are a place where brokers disappear. Those who claim to be brokers are not necessarily dangerous, unless they are not regulated.