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US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto

In a letter to Gensler dated July 19, Reps. French Hill and Dusty Johnson suggested legislation was a more effective approach to addressing regulatory issues in the digital asset space rather than the SEC’s position to “regulate by enforcement.” The two lawmakers are the respective chairs of subcommittees in the House Financial Services Committee and House Agriculture Committee that examine digital assets.

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Source: Cryptocurrency - investing.com

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