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U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody

Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.

U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)
U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)