The CEO of the Blockchain Association supports Crypto.com in filing a lawsuit against the US SEC, claiming that it exceeded its regulatory authority

Kristin Smith, CEO of the Blockchain Association, recently publicly supported Crypto.com's lawsuit against the U.S. SEC, saying that the regulator's overreach threatens the U.S. crypto industry. Smith emphasized in a statement released on X that the lawsuit is a key move to promote the regulatory clarity needed for the U.S. crypto industry to thrive, "Crypto.com's leadership has sent a clear message to the U.S. SEC: The crypto industry will always exist." She emphasized that the lawsuit is not only a defense of the company, but also a defense of the broader U.S. crypto community and its users, against what she believes is excessive regulation. (Cryptonews)