SEC is no longer a 'cop on the beat‘ on crypto, says US lawmaker
A US lawmaker has stated that the Securities and Exchange Commission (SEC) is no longer effectively regulating the cryptocurrency market, describing it as no longer acting as a "cop on the beat." This comment comes amid ongoing debates about the SEC's role and effectiveness in overseeing the rapidly evolving crypto landscape. The lawmaker's remarks highlight concerns over regulatory gaps and the potential for increased risks to investors. The SEC has faced criticism for its approach to crypto regulation, with calls for clearer guidelines and enforcement. The situation raises questions about the future of regulatory oversight in the cryptocurrency space.
Read the full article: Coin Telegraph