SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Gra...

SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Gra...

U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need another backroom deal between Gensler and Elizabeth Warren.” Lawmaker Slams SEC for Blatant Power Grab Over Crypto Rep. Patrick McHenry from North Carolina released a statement Wednesday in response to a letter SEC Chairman Gary Gensler sent to Senator Elizabeth Warren about cryptocurrency....


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