SEC Chairman: Blockchain is powerful "but you need to follow our securities laws"

At Consensus Invest this week, SEC Chairman Jay Clayton made it clear that the SEC will not support an ETF until market manipulation is addressed.
He chatted with me immediately after announcing this, and shared his opinion of those who try to skirt securities regulations.
As the blockchain world becomes increasingly decentralized, will the SEC be able to maintain control? The Chairman says that he's not worried. Do you agree?

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