Cryptocurrencies Get Word From SEC Inspectors: We Are Watching

Digital currencies just got name-checked by a group that many of their boosters would probably rather avoid: Securities and Exchange Commission inspectors.

For the first time ever, the SEC’s Office of Compliance Inspections and Examinations put cryptocurrencies and initial coin offerings on a list of focal points for scrutiny this year at the financial firms and advisers the agency oversees. The markets for such products “present a number of risks for retail investors,” the office said.