The United States Securities and Exchange Commission (SEC) has allegedly held up assistance needed in a congressional bill to regulate the crypto markets. This has been considered a potential hurdle if the bill is to pass in Congress. Through multiple sources, the Block found that the SEC has yet to provide sufficient technical assistance for the bill after almost six weeks of request. The report stated that this appears to be the case despite the supposed commission’s good communication with the House. SEC officials have recently provided briefings to the staff of Democratic members of the House Financial Services Committee. These briefings reportedly covered their opinions on digital asset regulation in light of the committee’s upcoming consideration of bills to establish a comprehensive framework for cryptocurrency markets in the United States. Related Reading: Arkansas Senator Calls For Reversal Of Controversial New Crypto Mining Law While the Securities and Exchange Commission seems to be dragging its feet in responding to the House’s request, the Commodity Futures Trading Commission (CFTC) is said to have been re ..
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