SEC TAKES A BEATING IN CONGRESS OVER ITS CRYPTO STANCE
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The SEC got grilled hard in a congressional hearing, with former commissioner Daniel Gallagher slamming the agencyâs confused handling of crypto regulations.
Crypto firms, like Robinhood, are frustrated by the SECâs refusal to clarify rules or allow them to register.
Even some Democrats piled on, calling out the agency for its contradictory approaches and questionable enforcement actions.