Democratic Representative Waters criticizes SEC Chairman Atkins for halting cryptocurrency enforcement actions and calls for a hearing
According to TechFlow, on December 30, CoinDesk reported that Maxine Waters, the senior Democratic member of the House Financial Services Committee, sent a letter to the committee's Republican Chairman French Hill on Monday, requesting SEC Chairman Paul Atkins to attend a hearing regarding the termination of major enforcement actions against certain exchanges and crypto companies such as Justin Sun. Waters questioned the reasons for the SEC dropping these cases and how market fraud would be prevented, pointing out that some companies announced the termination before the committee's official vote. She also criticized Atkins for using the SEC agenda as a government tool and implementing policy changes through staff statements rather than formal rulemaking.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Global economy risks fragmentation! Australia bets on AI as a new growth engine
In a potentially more fragmented and unpredictable global economy over the next 40 years, Australia relies on the deployment and development of artificial intelligence (AI) to drive economic growth.
Europe’s aviation fuel “red alert” in the fourth quarter: Shortfall will reach 510,000 barrels/day, South Korea’s exports surge to a four-year high to urgently fill the gap
According to analysts and shipping data, Europe will face a supply gap for aviation fuel in the fourth quarter, even as it turns to distant suppliers such as South Korea. South Korea's aviation fuel exports to Europe in September are set to reach a four-year high.
Apple (AAPL.US) nears a 5 trillion USD market capitalization, targeting Nvidia: the 1,999 USD foldable screen Duo becomes a critical battle.
Apple (AAPL.US) has unveiled its new iPhone, which could be the ticket for this consumer tech giant to reclaim its position as the most valuable company by market capitalization. The company is not far from reaching this goal.
Facebook and Instagram under Meta (META.US) experienced outages affecting thousands of users in the US last Sunday.
Thousands of users in the United States were unable to access Meta’s social platforms Facebook and Instagram last Sunday.
Crypto prices
More
