Representative Ritchie Torres becomes the latest US lawmaker to level criticism against the SEC and its Chairman Gary Gensler’s position on crypto.
New York Representative Ritchie Torres urged the US Securities and Exchange Commission (SEC) and its Chairman Gary Gensler after “crypto regulation by enforcement had a dreadful day in court.”
Crypto regulation by enforcement had a dreadful day in court. In light of the SDNY’s landmark decision in the Ripple case, @SECGov must reassess its reckless regulatory assault on the crypto industry. My letter to Chair Gensler: pic.twitter.com/Mrk63N4KhH
— Rep. Ritchie Torres (@RepRitchie) July 18, 2023
Rep. Torres is a member of the Congressional Blockchain Caucus.
SEC Should Limit Enforcement Cases to “Bonafide Bad Actors”
In a letter to Chairman Gensler on July 18, Torres asked the agency to limit its enforcement cases to “bonafide bad actors” rather than “indiscriminately” dealing with most crypto assets as securities under
We współpracy z: https://cryptodaily.co.uk/2023/07/torres-criticizes-secs-reckless-regulatory-assault-on-crypto
