Eight U.S. lawmakers have written to the chair of the U.S. Securities and Exchange Commission (SEC) explaining how the agency collects information from cryptocurrency companies.
According to the crypto community, the SEC is overburdened with information requirements, doesn’t feel particularly voluntary, and is stifling innovation.
U.S. lawmakers are urging the SEC to stop crippling cryptocurrencies and stifling innovation, and U.S. lawmakers want answers from the SEC.