On Could 10, the US Home Monetary Providers Committee and the Agriculture Committee met. their first joint listening to About digital asset regulation. The occasion felt like a logical continuation of one other latest listening to. Slamming Securities and Trade Fee Chairman Gary Gensler Towards habits that appears to be extreme regulation.
The primary takeaways from the listening to initiators have been that Congress ought to intervene in its personal regulatory tasks to offer certainty, finish “regulation by enforcement” and cope with competitors amongst regulators. That is what it means. However many legal professionals additionally consider that it could not really be the case.
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