US lawmakers recently questioned SEC Commissioner Caroline Crenshaw's stance on crypto regulations during a Senate Banking Committee meeting. Crenshaw defended her refusal to approve Bitcoin ETFs, citing risks in the global spot market and the need for investor protection. Senators expressed concerns that the SEC's restrictive approach could hinder crypto market growth and innovation. The current state of crypto regulations in the US has created significant uncertainty, with the SEC facing criticism for unclear rules and inconsistent enforcement. The future of crypto regulations in the US remains uncertain, with lawmakers calling for a balanced approach that protects investors while allowing the crypto market to thrive.