{"id":2721,"date":"2024-11-14T23:49:33","date_gmt":"2024-11-14T23:49:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2721"},"modified":"2024-11-14T23:49:33","modified_gmt":"2024-11-14T23:49:33","slug":"18-republican-states-sue-bidens-sec-over-harsh-crypto-crackdown","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2721","title":{"rendered":"18 Republican States Sue Biden&#8217;s SEC Over Harsh Crypto Crackdown"},"content":{"rendered":"<div>\n<p>The U.S. Securities and Exchange Commission (SEC) is too tough on crypto, 18 Attorneys General allege <a href=\"https:\/\/www.benzinga.com\/topic\/law\">in a new lawsuit<\/a>. <\/p>\n<p><strong>What Happened<\/strong>: AGs from 18 Republican-leaning states joined the <strong>DeFi Education Fund<\/strong> to file a lawsuit against the SEC  for what they consider overly harsh regulation against digital assets.<\/p>\n<p>The plaintiffs are complaining that the SEC, led by Chairman <strong>Gary Gensler<\/strong>, is exceeding its authority in an attempt to regulate <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41680397\/who-will-replace-gary-gensler-the-top-candidates-for-sec-chair-after-the-election\">the entire cryptocurrency sector.<\/a><\/p>\n<p>The lawsuit contends that the SEC&#8217;s expansive approach lacks Congressional authorization, which would be necessary for it to assume such sweeping control.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41986427\/pennsylvania-introduces-bitcoin-strategic-reserve-act-to-invest-up-to-700-million-in-btc\">Pennsylvania Introduces Bitcoin Strategic Reserve Act To Invest Up To $700 Million In BTC<\/a><\/strong><\/p>\n<p>According to the states, the SEC&#8217;s &#8220;regulation by &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/legal\/24\/11\/41996491\/18-republican-states-sue-bidens-sec-over-harsh-crypto-crackdown\" alt=\"18\" republican states sue biden sec over harsh crypto crackdown>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) is too tough on crypto, 18 Attorneys General allege in a new lawsuit. What Happened: AGs from 18 Republican-leaning states joined the DeFi Education Fund to file a lawsuit against the SEC for what they consider overly harsh regulation against digital assets. The plaintiffs are complaining that the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2721","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2721"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2721\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}