U.S. Senator Bill Hagerty: There is still a lot of uncertainty and ambiguity in the U.S. SEC's crypto initiatives

According to FOX Business reporter Eleanor Terrett's disclosure on the X platform, U.S. Senator Bill Hagerty said he would push the U.S. Securities and 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 United States. However, SEC Chairman Gary Gensler countered that breaking the law and not liking the law are different from lack of clarity. Bill Hagerty said that there is still a lot of uncertainty and ambiguity in the SEC's move, but "there is no need for this."