Lawmakers, including Representative Tom Emmer and Chairman Patrick McHenry, have raised concerns to SEC Chair Gary Gensler regarding the regulatory treatment of crypto airdrops. Emmer highlighted the lack of a clear framework for digital assets in the U.S., limiting Americans from claiming airdrops. He criticized Gensler for impeding innovation in the peer-to-peer digital economy. Airdrops are vital for incentivizing blockchain participation and network development. The SEC's classification of airdrops as securities transactions has led to restrictions on U.S. citizens from accessing token distributions. Emmer and McHenry urged Gensler to clarify the SEC's stance on free digital asset distribution and its impact on decentralization. They questioned the regulatory implications, market effects, and economic growth concerns of treating airdropped assets as securities. Emmer emphasized that the SEC's approach hinders American innovation and participation in blockchain technology. Read more AI-generated news on: https://app.chaingpt.org/news