Securities law professor analyzes the SEC’s crypto crackdown: Part 2
The Scoop
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The House Republicans Are Keen to Remove Crypto From the Purview of the SEC
The House Financial Services Subcommittee is considering a bill that would remove at least two degree and you can sort of unpack the granularities there crypto out of the out of the purview of the SEC's jurisdiction. JW: That bill is a messaging bill which is not bad. I mean very few bills pass especially in financial servicesvery few bills pass relative to other committees. So a lot of what you're doing up there is messaging your messaging regulators. Pushing them in one direction or another, he says.
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