U.S. Senator Ron Wyden (D-Oregon) recently voted in favor of a House resolution to overturn the Securities Exchange Commission's Employee Accounting Notice 121 and questioned the threat to personal and financial privacy online. Ron Wyden said that what cryptocurrencies really need is a regulatory framework. That's what Republican Congressman Patrick McHenry is trying to do. Tough action is needed against scammers and fraudsters. I think McHenry is right to establish a regulatory framework and focus more on fighting fraud and scammers. Ron Wyden has served as a long-time member of the United States Senate and has been a sponsor or co-sponsor of several important pieces of legislation that have promoted the widespread adoption of the Internet.