US Congressman: SEC Encryption Initiative Still Has Many Uncertainties and Uncertainties

According to FOX Busines reporter Eleanor Terrett on the X platform, US Senator Bill Hagerty said he would push the Securities Exchange Commission (SEC) to focus on crypto regulatory clarity because the industry needs to have a proper ecosystem... otherwise it will push crypto outside the US. However, SEC Chairperson Gary Gensler countered that breaking the law and disliking the law are not the same as lack of clarity. Bill Hagerty said that there is still a lot of uncertainty and ambiguity in the Securities Exchange Commission's move, but "it doesn't have to be like this".