Golden Finance reported that French Hill, a Republican congressman from Arkansas, recently sent a letter to Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), and other officials, requesting a suspension of all ongoing rulemaking. Hill stated that the public is deeply dissatisfied with the excessive regulation of the previous government, especially rules in the encryption field that may limit innovation. He criticized the existing rules for constraining economic growth, emphasizing the need to suspend these rules to restore the balance between the government and the public. Hill’s letter specifically mentioned concerns about the impact of SEC’s ATS regulations on Decentralization projects.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
