Dems Say They're Blocked From Info on Verge of Crypto Market Structure Bill Hearings

Democrats Accuse SEC of Withholding Key Crypto Bill Info

House Democrats have publicly accused the U.S. Securities and Exchange Commission of withholding crucial technical analysis and written feedback on the CLARITY Act, a major crypto market structure bill currently that is under consideration. During a recent press briefing, Democratic party staff reportedly said SEC representatives had been unable to answer basic questions about the bill, and that they had cited privilege as a reason for withholdi…

Dems Say They're Blocked From Info on Verge of Crypto Market Structure Bill Hearings

As the House is about to discuss its crypto market structure effort in hearings, staff for Democrats said the SEC has shut them out from technical information.

Democrats Say SEC Is Stonewalling Key Crypto Bill Details

The crypto industry might finally get some long-overdue rules, but there’s one problem. House Democrats say the SEC is ghosting them on the details. And it’s not just frustrating, it could slow down one of the biggest crypto bills in years. What Is This Crypto Bill All About? It’s called the Digital Asset Market Structure Bill, better known as the CLARITY Act. The goal? To figure out who regulates what. Right now, the crypto space is a mess. One…

House Democrats Say SEC Is Holding Back Crypto Bill Details

The crypto industry might finally get some long-overdue rules, but there’s one problem. House Democrats say the SEC is ghosting them on the details. And it’s not just frustrating, it could slow down one of the biggest crypto bills in years. What Is This Crypto Bill All About? It’s called the...

Democratic Staffers Slam SEC Over Crypto Bill Briefing

During a press briefing on Tuesday, staffers recounted what they described as the “worst technical assistance briefing” they had ever witnessed. The meeting, held last week, was intended to help lawmakers prepare for an upcoming House Financial Services Committee hearing set for Wednesday. SEC’s Role Questioned in Legislative Process Staffers said the SEC’s conduct was a significant departure from standard legislative coordination. Traditionally…

House Democrats Claim SEC Is Denying Them Key Info on Crypto Bill

Democrats say the agency refuses to provide them needed analysis of a crypto bill, but has given this support to Republicans, in a partisan escalation.