Senator Lummis criticizes the SEC's encryption enforcement strategy and calls on Congress to take action

2024-09-28 11:05:03

Golden Finance reported that Senator Cynthia Lummis warned in a recent interview with CNBC's Squawk Box that the United States is lagging behind in digital asset regulation, especially compared to the European Union. Lummis said, 'The EU is ahead of us,' and emphasized the importance of the United States taking the lead in Financial Service and digital asset regulation. She continues to criticize the Securities and Exchange Commission (SEC) of the United States for its aggressive enforcement strategy, especially under the leadership of Chairman Gary Gensler.

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