News

November 9, 2023

Amendment proposed to limit SEC enforcement on digital asset transactions

Natasha Fernandez
Written byNatasha FernandezWriter
Researched byNikos PapadopoulosResearcher

In a recent floor statement, Representative Emmer proposed an amendment that aims to limit the Securities and Exchange Commission (SEC) from using funds for enforcement activities related to digital asset transactions. The amendment states that the SEC should only have jurisdiction over this asset class once Congress passes legislation granting them authority. Emmer expressed concerns about the effectiveness and competence of SEC Chair Gensler and believes that this measure will keep him in check. The purpose of the amendment is to provide the digital asset industry with an opportunity to grow and develop within the United States.

Amendment proposed to limit SEC enforcement on digital asset transactions
About the author
Natasha Fernandez
Natasha Fernandez
About

Natasha "CryptoQueen" Fernandez bridges the gap between blockchain buzz and casino charisma. From New Zealand's serene landscapes to the volatile world of crypto, she's making waves in the online gaming sphere. With CryptoCasinoRank, she paints a future where chips meet chains seamlessly.

Send mail
More posts by Natasha Fernandez
undefined is not available in your country. Please try:

Latest news

Shibarium: Thriving Community, Impressive Growth, and Increased SHIB Burn Rate
2024-02-16

Shibarium: Thriving Community, Impressive Growth, and Increased SHIB Burn Rate

News