I rise in strong opposition to h. j. 109, a congressional review act resolution that would overturn accounting guidance for crypto assets from the securities and exchange. Staking is a flashpoint in the debate over crypto regulation. The future of crypto and government regulation lies in finding a balance between innovation and public interest. Wisdomtree is proud to present the podcast series, crypto clarified:
Companies must disclose digital assets theyre holding and the risks associated with safeguarding customers cryptographic key information. The sec said safeguarding. By overturning sab 121, supporters of h. j. res. 109 believe it will remove regulatory barriers. This, in turn, will facilitate safer and more efficient digital asset transactions.
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