There have been heated debates in the US Congress over cryptocurrency regulations. 🔥 Despite the SEC allowing some companies to store crypto assets, many crypto companies and lawmakers are criticizing the SEC’s regulatory methods. Robinhood’s general counsel Dan Gallagher said that talks with the SEC have been fruitless. Democratic Congressman Stephen Lynch said the rules are clear and crypto companies should follow them. The crypto industry claims that the SEC’s selective enforcement is hurting innovation and US competitiveness. 🚀