According to Treasury officials, more knowledge and insight about crypto asset investing “would be helpful.” The US Treasury Department is starting a new campaign to increase awareness about the threats of investing in virtual assets.According to a top Treasury official, the action emerges as the asset class moves from a specialized industry to a widespread investment, possibly attracting less skilled investors.The Treasury Department’s “Financial Literacy Education Commission” is focusing on educational methods to explain how crypto assets function and how they vary from traditional assets.Nellie Liang, the Treasury undersecretary for domestic finance, told Reuters that people with limited exposure to conventional financial services are the intended audience. She added:“We’re hearing more and more about investors and households who are purchasing crypto assets, and we recognize the complexity of how some of these assets operate.”Liang went on to say that increased knowledge and
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