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Rep. Maxine Waters Gives US Regulators One Week to Weigh in on Republican Crypto Bill

June 26 (Cointime) - US Representative Maxine Waters has written to the SEC and the US Treasury Department asking them to review the Market Structure Bill, a discussion draft sponsored by Republican Committee heads Patrick McHenry and Glenn Thompson.

Waters has given the agencies one week to weigh in on the potential impact and reach of the bill, and wants to know how it would change the role of the SEC and Treasury and the effectiveness of the legislation in terms of protecting investors.

She has also expressed concern about the Republican bill's approach to crypto regulation and has asked for both agencies to respond to her office by Friday.

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