Senator Lummis Warns US Lagging In Digital Asset Regulation

According to Odaily, Senator Cynthia Lummis recently expressed concerns about the United States falling behind in digital asset regulation, particularly when compared to the European Union. In an interview with CNBC's Squawk Box, Lummis stated, 'The EU is ahead of us,' emphasizing the importance of the US taking a leading role in financial services and digital asset regulation. She also criticized the stringent enforcement strategies of the US Securities and Exchange Commission (SEC), especially under the leadership of Chairman Gary Gensler.