Senator Cynthia Lummis criticizes SEC’s crypto enforcement amidst Kraken case

In recent developments, Senator Cynthia Lummis has openly criticized the Securities and Exchange Commission’s (SEC) approach towards regulating the cryptocurrency industry. Her remarks come in the wake of the SEC’s legal action against the cryptocurrency exchange, Kraken, and a broader scrutiny of the crypto sector. SEC’s enforcement strategy under scrutiny Senator Lummis, a known advocate…