BLOCKCHAIN ASSOCIATION AND CRYPTO ACTIVIST GROUP SUE SEC OVER ‘DEALER RULE'

Summary from the TLDR Crypto newsletter

The SEC is being sued over the recently finalized Dealer Rule expansion, which redefined the term to require more crypto organizations to register with the SEC and comply with securities laws. The lawsuit argues that the SEC did not address public concerns and failed to consider the expansion's negative consequences. The Blockchain Association and Crypto Freedom Alliance of Texas are advocate groups representing the industry and pushing for better crypto legislation.