Bitcoin

<ul><li>Representative Wiley Nickel charges that the SEC is politicizing the regulation of cryptocurrencies, confusing the market.</li><li>Nickel claimed the SEC&#39;s &#34;open hostility&#34; towards cryptocurrency undermines innovation and drives firms away.</li><li>Biden opposed the H.J. Res 109 to repeal SEC&#39;s crypto guidelines, citing investor protection.</li></ul>Wiley Nickel has expressed concerns <a href="https://cryptotale.org/biden-supports-secs-regulation-while-trump-welcomes-crypto-donations/" rel="noopener noreferrer nofollow">regarding SAB121</a> regulating cryptocurrencies in the U.S. He argues that the SEC has politicized the matter, turning it into a &#34; political football.&#34;<img src="https://academy-public.coinmarketcap.com/optimized-uploads/dc793664263144e9afe91053e12fc588.png" /><a href="https://nickel.house.gov/uploadedfiles/nickel_sab121_letter_to_sec.pdf" rel="noopener noreferrer nofollow">Nickel rebukes</a> the SEC&#39;s aggressive regulatory moves against the cryptocurrency sector, claiming that they cause uncertainty and anxiety, potentially inhibiting innovation and driving enterprises to more crypto-friendly nations. He proposes that a balanced regulatory strategy might help President Joe Biden achieve his economic and technical goals, such as retaining the United States&#39; leadership in financial innovation and technology. Nickel stated,<a href="https://cryptotale.org/regulation-becomes-political-football-says-rep-wiley-nickel/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Regulation Becomes Political Football, Says Rep. Wiley Nickel

CryptoTale

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