The US House Limits SEC Enforcement on Digital Assets!

The U.S. House of Representatives has passed nonpartisan appropriations amendments aimed at reining in SEC enforcement abuses against the digital asset industry. The amendment introduced by Republican House Majority Whip Tom Emmer prohibits the SEC from using taxpayer resources to pursue enforcement actions against digital assets until Congress passes regulatory enforcement jurisdiction legislation. The amendments passed with no opposition. The move has been welcomed by advocates who hope it will create a fairer regulatory landscape for digital asset innovators and entrepreneurs.