Waters Demands SEC Chair Testimony on Crypto Enforcement Pauses
Representative Maxine Waters has requested SEC Chair Paul Atkins testify regarding recent shifts in digital asset oversight. This demand arises amid changing political dynamics and increased scrutiny over the SEC's handling of enforcement actions against major industry players like Coinbase and Binance.
Waters expressed concern over terminated or paused litigation, seeking explanations for these decisions. The timing of the request, coinciding with speculation about the 2026 midterm elections, highlights the ongoing debate between fostering innovation and ensuring investor protection in the digital asset market.