US lawmaker calls for info from Treasury and SEC on crypto market structure bill

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California RepMaxineWaters demands answers from Treasury and SEC on the proposed crypto bill, June 30th deadline is set for responses.

split unevenly across two trials starting in December 2023 and March 2024. Crypto exchanges Binance and Coinbase are also facing civil lawsuits from the SEC regarding alleged unregistered securities offerings.

Waters gave Yellen and Gensler a deadline of June 30 to respond and added they should both be prepared to address the committee if necessary.

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RepMaxineWaters In separate letters dated June 23, Waters requested Treasury Secretary Janet Yellen and Securities and Exchange Commission (SEC) Chair Gary Gensler provide information on the possible impact of the “Digital Asset Market Structure” bill.

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