Congress questions Yellen’s call for crypto regulation, criticizes Howey Test

Members of US Congress have openly questioned Treasury Secretary Janet Yellen's demand for enhanced crypto oversight, stressing the Howey Tests limitations in protect crypto consumers in a recent letter sent to her.The letter, signed by House Financial Services Committee Chair Patrick McHenry, House Agriculture Committee Chair Glenn Thompson, Rep. French Hill, and Rep. Dusty Johnson, seeks... source: https://cryptobriefing.com/congress-questions-yellen-call-crypto-regulation-criticizes-howey-test/?utm_source=cryptopanic&utm_medium=rss