Hong Kong's current choice to let common people trade cryptocurrency is a giant step ahead for the crypto trade in the world. On August 5, 2021, SEC Chairman Gary Gensler responded to Senator Elizabeth Warren's letter concerning cryptocurrency regulation and known as for laws centered on "crypto buying and selling, lending and DeFi platforms," because of how vulnerable the investors could be when they traded on crypto buying and selling platforms with out a broker. SUSHI was once referred to as an exit scam and pump and website link dump / Ponzi scheme as a result of volatile rise and then crashed - there’s a saying in crypto ‘scams pump the hardest‘. Like the last R-model of '95, this one was road-legal however clearly observe-oriented -- "a turn-key racing machine," as Road & Track referred to as it.