US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation

US Lawmaker Urges SEC to 'Take Decisive Action' to Regulate Crypto Industry — Plans to Examine Options for Federal LegislationU.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work with his colleagues in Congress in the coming weeks “to examine options for federal legislation.” […]

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US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It

US Lawmaker Says 'Too Much Money and Power' Behind Crypto to Ban ItU.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.” US Lawmaker on Regulation and Why Congress Won’t Ban Crypto Congressman Brad Sherman […]

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US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP

US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRPU.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major exchanges did many, many tens of thousands of transactions […]

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