🚨 **Crypto News Flash!** 🚨
SEC Commissioner Mark Uyeda has slammed the agency's crypto strategy as a "disaster" on Fox Business. His remarks come as Crypto.com files a lawsuit against the SEC, accusing it of overstepping its jurisdiction without clear regulatory guidance. The lawsuit follows a Wells notice alleging Crypto.com operated as an unregistered broker-dealer.
- **Key Points:**
- Uyeda criticizes SEC's "policy through enforcement" approach.
- Crypto.com fights back, claiming the SEC's actions stifle innovation.
- Ongoing legal battles, including Ripple Labs, add to industry uncertainty.
💬 What do you think? Share your thoughts in the comments!