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- Two Republican senators demand SEC Chairman Gary Gensler answer on crypto airdrop classification by the end of the month.
- Tom Emmer & Patrick McHenry worry that the SEC is preventing US citizens from participating in blockchain technology.
- The SEC sued Hydrogen Tech and Justin Sun over unregistered airdrops.
- Emmer & McHenry ask Gensler to explain how free airdrops are considered securities and their impact on the economy and onchain applications.
- They argue that the SEC's approach is hindering the development of the next generation internet in the US.
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