In a new development, Senator Cynthia Lummis,  a prominent advocate for cryptocurrency, filed an amicus brief on August 11 to support the Coinbase exchange against the SEC’s lawsuit.  Lummis maintains that the responsibility to formulate crypto regulations lies with Congress, not the SEC. This standpoint emphasizes the importance of a clear separation of powers in … Continue reading US Senator Cynthia Lummis Backs Coinbase Against SEC