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✉news WorldUS Politics first seen 2 h ago, last 43 min ago, peak #24

Crypto Shifts Gears From Lobbying Congress to Wooing Regulators

Original: How Crypto Stopped Waiting for Congress and Learned to Love the Regulators

Crypto companies and lobbying groups are pivoting away from hoping for comprehensive legislation from Congress and instead working directly with US regulators such as the SEC and CFTC. The industry is seeking regulatory clarity through agency engagement, comment letters and negotiated settlements rather than waiting on stalled bills. Supporters say pragmatic cooperation offers the fastest path to legal certainty, while critics worry it amounts to accepting rules written without legislative oversight.

Why now: With crypto legislation stalled in Congress, the industry's strategy of courting regulators directly is drawing attention and debate.

Crypto industryUS CongressSecurities and Exchange CommissionCommodity Futures Trading Commission

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