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The US securities regulator urged US lawmakers not to adopt a bill that aims to create a new legal framework for digital currencies, saying it would undermine existing legal precedent and put capital markets at 'immeasurable risk' https://t.co/RcECDb5QK2 https://t.co/d8yqxttu1b
US Securities Regulator Urges Against Crypto Bill Adoption https://t.co/C9vqEvFqoA
⚠️ US SECURITIES REGULATOR URGES AGAINST CRYPTO BILL ADOPTION Full Story → https://t.co/VJ6tqfK4c8 The U.S. securities regulator on Wednesday urged U.S. lawmakers not to adopt a bill that aims to create a new legal framework for digital currencies, saying it would undermine… https://t.co/LO0hKUhZ78
The U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has voiced strong opposition to a proposed House bill that seeks to establish a new legal framework for digital currencies. Gensler argues that the bill would undermine the SEC's oversight of crypto and capital markets, potentially putting these markets at 'immeasurable risk.' The SEC's stance, expressed on Wednesday, highlights the ongoing debate over the regulation of digital currencies and the potential impact of new legislation on existing regulatory frameworks. The SEC urged U.S. lawmakers not to adopt the bill.
