71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines from earlier this year.
coinfeeds-bot on
tldr; Congressman John Curtis highlighted the fragile nature of bipartisan support for crypto regulation at Permissionless III, emphasizing the need for collaboration with Democrats. He urged industry professionals to educate lawmakers on crypto complexities. Senator Mike Lee warned against overregulation and conflicting state policies, advocating for minimal government interference to foster innovation. Both stressed the importance of understanding digital assets as a unique class requiring tailored regulation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
_redboy_ on
If the right rules are used in any field, it will bring prosperity… pay attention if they are used correctly
WineMakerBg on
IMHO Bipartisan support sounds like a decoy until they figure out how to get even bigger share (taxes, fines, settlements) out of our hard earned and saved money.
Baecchus on
People don’t care about crypto as much as crypto bros want to believe.
6 Comments
71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines from earlier this year.
tldr; Congressman John Curtis highlighted the fragile nature of bipartisan support for crypto regulation at Permissionless III, emphasizing the need for collaboration with Democrats. He urged industry professionals to educate lawmakers on crypto complexities. Senator Mike Lee warned against overregulation and conflicting state policies, advocating for minimal government interference to foster innovation. Both stressed the importance of understanding digital assets as a unique class requiring tailored regulation.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
If the right rules are used in any field, it will bring prosperity… pay attention if they are used correctly
IMHO Bipartisan support sounds like a decoy until they figure out how to get even bigger share (taxes, fines, settlements) out of our hard earned and saved money.
People don’t care about crypto as much as crypto bros want to believe.
They just wanna get reelected