regulation2026-07-08 13:36:138 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling InnovationEight bipartisan U.S. lawmakers have sent a letter to SEC Chairman Gary Gensler, criticizing the agency's overburdensome and non-voluntary information requests from crypto and blockchain firms, which they say stifle innovation and violate the Paperwork Reduction Act. They demand answers to 13 questions by April 29.1740
SEC2026-07-08 13:36:138 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling InnovationEight bipartisan U.S. lawmakers sent a letter to SEC Chairman Gary Gensler, criticizing the agency's burdensome and non-voluntary information requests to crypto firms, which they say violate the Paperwork Reduction Act and stifle innovation. They demand answers to 13 questions by April 29.1670