Crypto complex recalls 1920s stock market with ‘rampant speculation,

The Center for American Progress, a left-leaning think tank, released a report Monday calling on the Securities and Exchange Commission to aggressively assert its authority over large swaths of the market for digital assets, in the latest signal that the U.S. center-left is becoming increasingly impatient with crypto firms that refuse to submit to the SEC’s authority.

The report, previewed exclusively by MarketWatch and authored by Todd Phillips, CAP’s director of financial regulation and corporate governance, argues that…