Emmer intends to introduce an amendment to the appropriations bill that will restrict the SEC’s use of funds for digital asset enforcement until complete regulations are in place. The Majority Whip of the United States House of Representatives, United States Representative Tom Emmer, who had previously voiced concerns regarding the Securities Exchange Commission’s (SEC) actions in the cryptocurrency industry, sponsored an appropriations amendment that restricted the SEC’s use of funds for digital asset enforcement. Emmer slams SEC Chair Gary Gensler in his statement, claiming that he has overstepped his authority, harming the American people. Emmer encouraged Congress to use its The post Rep. Emmer Backs Amendment to Restrict SEC’s Crypto Oversight appeared first on Cryptoknowmics-Crypto News and Media Platform .