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james
@xslanglang
[Democrats in the U.S. House of Representatives accuse the SEC of refusing to provide key information about the encryption bill] Golden Finance reported that Democratic staff in the U.S. House of Representatives on Tuesday accused the SEC (Securities and Exchange Commission) of refusing to provide them with key technical analysis of the CLARITY Act encryption bill in a political maneuver, while at the same time providing relevant information to the Republicans. The bill would create a regulatory framework for the U.S. crypto industry and rewrite some securities laws. Democrats are concerned that the bill could extend beyond crypto, have a significant impact on traditional securities markets, and could create technology-based regulatory loopholes.
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