The influence of cryptocurrencies on American politics is becoming increasingly visible, as key political actors are committed to creating an enabling environment for digital innovation. A prominent example is Congressman Tom Emmer, who has vehemently opposed Gary Gensler's regulation of the cryptocurrency industry.
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criticism of regulatory measures
A new era for digital currencies
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Legislative initiatives in sight
Conclusion: A turning point for crypto regulations
criticism of regulatory measures
Former SEC Chairman Gary Gensler had taken a rather hostile stance towards cryptocurrencies in the past. In a podcast interview with The Block Scoop on the 11th (local time), Emmer expressed his concerns and called Gensler's actions illegal. This claim sheds light on the ongoing controversy surrounding the regulation of the crypto sector in the US.