The Blockchain Association is urging the SEC to adopt a flexible regulatory approach to support innovation in the cryptocurrency market.
Ceo Kristin Smith emphasizes the need for changes to prevent a "hostile regulatory regime" that could drive U.S. businesses abroad.
This shift could enhance the growth of major cryptocurrencies like ETH and BTC, fostering market stability and innovation.
Industry leaders believe that balanced regulation will facilitate compliance while not stifling technological advancements.
Full story here: https://coincu.com/335720-blockchain-association-sec-crypto-regulation