Congressman Tom Emmer demands clarity on crypto airdrops! 🚀 Together with House Financial Services Committee Chairman Patrick McHenry, they asked SEC Chairman Gary Gensler to clarify whether airdrops are securities.

Emmer noted that airdrops are important for decentralization and the development of blockchain applications. However, the SEC believes that they can be securities, which is causing concern among developers.

Lawmakers demand answers from the SEC by September 30.