>Cynthia Lummis, a U.S. Senator and pro-crpypto advocate, has criticized the SEC’s approach to cryptocurrency regulations, claiming it hinders the industry’s growth
coinfeeds-bot on
tldr; Senator Cynthia Lummis has criticized the SEC’s approach to cryptocurrency regulations, arguing that it stifles industry growth. She expressed concerns over SEC Chair Gary Gensler’s reliance on enforcement rather than clear guidelines, causing confusion among digital asset companies. Lummis advocates for regulatory clarity to keep pace with innovations and suggests Bitcoin and Ethereum be classified as commodities under the CFTC. She is working on a proposal with Senator Kirsten Gillibrand to enhance the CFTC’s regulatory capabilities.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
robotwizard_9009 on
She is involved with the crypto bank custodia and took money from sbf. She doesn’t want clarity. She wants deregulation to swindle money.
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>Cynthia Lummis, a U.S. Senator and pro-crpypto advocate, has criticized the SEC’s approach to cryptocurrency regulations, claiming it hinders the industry’s growth
tldr; Senator Cynthia Lummis has criticized the SEC’s approach to cryptocurrency regulations, arguing that it stifles industry growth. She expressed concerns over SEC Chair Gary Gensler’s reliance on enforcement rather than clear guidelines, causing confusion among digital asset companies. Lummis advocates for regulatory clarity to keep pace with innovations and suggests Bitcoin and Ethereum be classified as commodities under the CFTC. She is working on a proposal with Senator Kirsten Gillibrand to enhance the CFTC’s regulatory capabilities.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
She is involved with the crypto bank custodia and took money from sbf. She doesn’t want clarity. She wants deregulation to swindle money.