Democrats, Republicans split over the SEC’s handling of DEBT Box and accounting guidance | Headlines | News | CoinMarketCap

05/08/2024 01:00
Democrats, Republicans split over the SEC’s handling of DEBT Box and accounting guidance | Headlines | News | CoinMarketCap

Democrats and Republicans were split on the Securities and Exchange Commission's handling of crypto enforcement actions during a hearing on Tuesday, …

Democrats and Republicans were split on the Securities and Exchange Commission's handling of crypto enforcement actions during a hearing on Tuesday, sparring over recent court cases and agency guidance.

Rep. Maxine Waters, D-Calif., during a House Financial Services capital markets subcommittee hearing titled "SEC Enforcement: Balancing Deterrence with Due Process," defended the SEC's actions, saying that the agency has taken enforcement actions against bad actors in the crypto space under both Democratic and Republican chairs.

"The crypto industry, which publicly …

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