18 states want the SEC to stop enforcing crypto regulation
In which various government bodies fight over “permissionless” assets | Illustration by Alex Castro / The Verge
The US Securities and Exchange Commission wants to “unilaterally wrest regulatory authority away from the States” when it comes to crypto, according to a lawsuit from 18 states. These states want to halt the SEC’s enforcement actions, so they can manage crypto regulation instead. Also named as a plaintiff on the suit is the DeFi Education Fund, a special interest lobbyist.
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