#SECGuidance

U.S. lawmakers urge the SEC to stop regulatory assault on cryptocurrencies after XRP ruling

U.S. lawmakers have urged the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the cryptocurrency industry following the historic ruling in the SEC's case against Ripple regarding XRP. One member of Congress described it by saying: The SEC has chosen to communicate and regulate not through clear rules or guidance but through enforcement actions, often timed politically.