U.S. lawmakers express concerns over the regulatory strategy for the crypto ecosystem implemented by the SEC chairman

ChainCatcher News, U.S. Congressman Tom Emmer tweeted that the significant decline of major exchanges and ecosystems (FTX, Celsius, Voyager, and Terra) over the past year has raised questions about the effectiveness of U.S. crypto regulations. Congressman Tom Emmer expressed concerns about the regulatory strategy implemented by SEC Chairman Gary Gensler on the crypto ecosystem.

Additionally, Emmer stated, "Congress should not rely on fabricated stories in progressive publications to understand the details of the SEC's regulatory agenda, and we look forward to Gary Gensler's public testimony before the Financial Committee." (Source link)