Yesterday, 4 Republican lawmakers sent a letter to US Treasury Secretary Janet Yellen to request explanations regarding some regulatory gaps in the regulation of the crypto market in the US.
In particular, what is driving the Republicans to question Yellen are doubts about how the Financial Stability Oversight Council (FSOC), led by her, manages cryptocurrencies in terms of federal laws.
Once again, the issue of the US securities law applied to crypto exchanges comes back into fashion, as it has not been possible to find a common ground that can satisfy everyone.
The Republican co-signers of the letter have also proposed a new bill called the Financial Innovation and Technology for the 21st Century Act, which takes a global approach to regulating cryptocurrencies and could potentially solve the highlighted issues.
Let’s see all the details below.
Republicans highlight several regulatory gaps in Yellen’s regulation of crypto markets in the US
Yesterday, Republican lawmakers Patrick
We współpracy z: https://en.cryptonomist.ch/2024/02/07/us-janet-yellen-grappling-with-clearer-crypto-regulation/
