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DeepNewz, mobile.
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The crypto industry is seeking a clear regulatory framework from Congress to advance. Lawmakers, including crypto-skeptic Sherrod Brown, are pushing for new laws on stablecoins. Rutgers law professors warn of a potential circuit split on crypto enforcement, advocating for joint SEC and CFTC rulemaking. The SEC's aggressive stance on crypto is criticized by Cato Institute experts, calling for Congress to intervene. Discrepancies in regulatory actions by SEC, CFTC, and DOJ highlight the need for consistent approaches in the crypto sector.
Three separate gov entities - SEC, CFTC, DOJ - looked at the same digital asset and the same fact pattern and came to vastly different—and mutually exclusive—conclusions. But that didn't stop them from filing three actions with different theories against the same man. The law… https://t.co/ACrTOOXWiY
🥭 OPINION: The vastly different—and mutually exclusive—conclusions that the SEC, CFTC, and DOJ have come to about MNGO have exacted a real cost on the growth of the U.S. crypto industry, write @amandatums and Jane Khodarkovsky. https://t.co/itYks0x3dv
OPINION: Government Actions Against Avi Eisenberg Show How Poorly Digital Assets Are Classified in US 🥭 The vastly different—and mutually exclusive—conclusions that the SEC, CFTC, and DOJ have come to about MNGO have exacted a real cost on the growth of the US crypto industry,…
