Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»U.S. Chamber of Commerce criticizes SEC for failing to clearly provide regularity to cryptocurrency industry
BLOCKCHAIN NEWS

U.S. Chamber of Commerce criticizes SEC for failing to clearly provide regularity to cryptocurrency industry

By Crypto FlexsNovember 30, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
U.S. Chamber of Commerce criticizes SEC for failing to clearly provide regularity to cryptocurrency industry
Share
Facebook Twitter LinkedIn Pinterest Email

The U.S. Securities and Exchange Commission (SEC) suffered another blow when the Chamber of Commerce filed a comment on the SEC-Coinbase lawsuit.

The U.S. Chamber of Commerce, which represents about 3,000 businesses, recently submitted a memorandum supporting Coinbase. at shortThe chamber says the SEC is acting illegally in the cryptocurrency industry.

1/ BREAKING NEWS: The U.S. Chamber of Commerce just submitted its report. @Coinbase v. The SEC case accuses the SEC of “illegal” conduct in the digital asset space.

This is the American Chamber of Commerce, not the Digital Chamber of Commerce.

This is a big deal.

Here’s why…

— MetaLawMan (@MetaLawMan) May 11, 2023

The report highlighted the implications of the lack of a clear regulatory framework for the trillion-dollar cryptocurrency industry to operate. The report noted the lack of federal laws to assess the security posture of digital assets.

It also said that despite its significant size, the SEC has failed to provide guidance to the industry, rather continuing to enforce regulations through enforcement policies and making vague public statements.

The chamber said the SEC’s unwillingness to develop industry-specific regulations violates principles of good governance, administrative law and due process. The briefing mentioned the strong regulatory uncertainty and technological innovation in the United States. Uncertainty about the security status of digital assets makes businesses hesitant to explore new technologies, which negatively impacts their growth and development.

The brief argued that the SEC’s actions have created an unpredictable environment for the industry, making it more difficult to make informed decisions. The Chamber of Commerce also claimed that the agency violated the ‘constitutional right to due process and fair notice.’

Specifically, the Chamber filed a brief in the case it brought against Coinbase against the SEC for failing to respond in a timely manner to the company’s claims. In the last week of April, the court asked the SEC to file a response to Coinbase’s claims within 10 days.

It is also worth noting that Ripple CEO Brad Garlinghouse has previously highlighted several times the implications of the lack of a clear regulatory framework.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Investors surpass 640,000 BTC when looking at Bitcoin Holdings with $ 22 million purchases.

September 30, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

The new gold protocol of the BNB chain is due to the $ 2 million launch day nucleus.

September 20, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025
Most Popular

Hedera (HBAR) is up 37% in one week, but has shown signs of falling $0.14.

December 2, 2024

XRPL EVM Sidechain: New Update Signs Potential Resurgence in XRP Price – The Defi Info

January 25, 2024

Why It Matters For Every Crypto Investor

June 27, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.