SEC Stabilization Act Aims to Fire Gensler, Shake Up Crypto Regulation

The bill, introduced by Rep. Warren Davidson (R-OH) and Rep. Tom Emmer (R-MN), would strip Gensler of his power and reconfigure the balance of authority within the SEC.

The latest front in the government’s battle regarding cryptocurrency is the SEC Stabilization Act, a bill introduced by Rep. Warren Davidson (R-OH) that aimed to shake the very foundations of the Sec…