Bitcoin Industry Leaders Say SEC Lawsuits Could Harm U.S. Economy

Belgique Nouvelles Nouvelles

Bitcoin Industry Leaders Say SEC Lawsuits Could Harm U.S. Economy
Belgique Dernières Nouvelles,Belgique Actualités

The SEC’s accusations may end up impacting the United States’ role in the digital economy, according to several representatives in the bitcoin space.

, told me in an interview that Congress “has failed to keep pace with innovations happening in the cryptocurrency ecosystem.”

Shrader added that SEC chief Gary Gensler is applying outdated legislation through enforcement actions on the largest companies in the global crypto industry, all while failing to provide clarity on their interpretations of existing laws.how to reduce the SEC’s power by clarifying that the Commodity Futures Trading Commission has more authority to regulate exchanges. Luckily for bitcoin-only companies, both the CFTC and SEC have clarified that bitcoin is a commodity, not a security.

 

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance AngstFirst Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance AngstBitcoin lingers below $26.5K as cryptos, both mentioned and unmentioned in SEC lawsuits against exchange giants Binance and Coinbase, retreat. Ether's Trend Indicator rises, though. JPRubin23 and GWilliamsJr_CMT write
Lire la suite »



Render Time: 2025-01-10 15:34:59