Coin

<ul class="news-points"> 
 <li><strong>Congressman Tom Emmer criticized the SEC’s lack of clarity on crypto regulation.</strong></li> 
 <li><strong>SEC’s representative failed to answer affirmatively whether the agency has issued any guidance on how security laws apply to crypto.</strong></li> 
 <li><strong>The Congressman accused the agency of deliberately obfuscating the regulatory issue.</strong></li> 
</ul> 
<p>In a recent congressional hearing, U.S. Congressman Tom Emmer engaged in a heated exchange with Valerie Szczepanik, the Head of the Strategic Hub for Innovation and Financial Technology at the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission (SEC)</a>.&nbsp;</p> 
<p>The interrogation focused on the SEC’s approach to crypto regulation and the level of clarity provided to the market about how crypto assets can be deemed securities.</p> 
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   <p lang="en" dir="ltr">If it wasn't obvious before, it's certainly obvious now: The SEC has a deliberate policy preference to provide LESS clarity to the marketplace instead of more clarity. Complete disservice to our great capital markets. <a href="https://t.co/iNuOJYKjGf" target="_blank" rel="nofollow">pic.twitter.com/iNuOJYKjGf</a></p>— Tom Emmer (@GOPMajorityWhip) <a href="https://twitter.com/GOPMajorityWhip/status/1732097897456349192?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 5, 2023</a>
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<p>Congressman Emmer began by referencing a speech delivered by Bill Hinman, former SEC Director of the Division of Corporation Finance, in 2018. The speech discussed the…</p>
<p>The post <a href="https://coinedition.com/congressman-grills-sec-representative-on-crypto-regulation-and-clarity/">Congressman Grills SEC Representative on Crypto Regulation and Clarity</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Congressman Grills SEC Representative on Crypto Regulation and Clarity

Coin Edition

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