8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation – Regulation Bitcoin News

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8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation – Regulation Bitcoin News
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“Crypto startups must not be weighed down by extra-jurisdictional and burdensome reporting requirements,” said the lawmaker. cryptocurrency bitcoin $BTC

According to the crypto community, the SEC’s “requests” for information “are overburdensome, don’t feel particularly voluntary, and are stifling innovation.”U.S. Representatives Tom Emmer, Darren Soto, Warren Davidson, Jake Auchincloss, Byron Donalds, Josh Gottheimer, Ted Budd, and Ritchie Torres have jointly sent a bipartisan letter to the chairman of the U.S.

I joined Rep. Tom Emmer and colleagues sending a letter to SEC Chair Gary Gensler regarding the SEC crippling crypto in America.

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