Might 10 The USA Home of Representatives Committee on Monetary Providers and the Committee on Agriculture held their first audition collectively on the regulation of digital belongings. The occasion appeared like a logical continuation of one other latest assembly the place representatives Gary Gensler, chairman of the Securities Trade Fee, regretted for perceived regulatory overreach.
The principle narrative articulated by the listening to’s initiators was that Congress ought to intervene in its regulatory design to offer certainty, cease “regulation by enforcement” and tackle competitors between regulatory companies. However perhaps it should not, many attorneys imagine.
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