Odaily Planet Daily News 🌟 The Digital Chamber of Commerce (TDC) recently called on the U.S. Senate to reject the nomination of Caroline Crenshaw for reappointment as an SEC commissioner. TDC emphasized that Crenshaw's stance on cryptocurrency regulation could hinder market growth and innovation, particularly her concerning attitude towards spot Bitcoin ETFs. 💼
In the letter, TDC stated that Crenshaw's regulatory approach is detrimental to investor confidence and pointed out that she has used outdated data and arguments. TDC believes this is contrary to the SEC's core mission to protect investors, ensure fair markets, and facilitate capital formation. 🔍
The future of Bitcoin remains hopeful, but changes in the regulatory environment are worth noting. 📈