Day: November 15, 2024

SEC Faces State Backlash Over Crypto

A coalition of 18 U.S. states has filed a lawsuit against the Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler, challenging what they describe as “gross government overreach” in the agency’s approach to crypto regulation. The lawsuit, filed by states including Texas, Nebraska, Wyoming, and Ohio, claims that the SEC has bypassed Congress […]