SEC Faces Backlash from Digital Chamber Over Wells Notice to Robinhood’s Crypto Trading (RH Crypto)

CoinMarketCap05-07

Before you reading,Don't miss coins like PEPE again! Click here to find new PEPEs! The Digital Chamber, a crypto trade association, has criticized the US Securities and Exchange Commission (SEC) ...

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Click here to find new PEPEs!\n\n\n\n\n\nThe Digital Chamber, a crypto trade association, has criticized the US Securities and Exchange Commission (SEC) ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/663a2484ff33b40615e76934/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/663a2484ff33b40615e76934/","article_id":"2433201993","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/736243864ea3407aa7c4c88c59f2e54b.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433201993","pubTimestamp":1715086463,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Before you reading, Don't miss coins like PEPE again! Click here to find new PEPEs! 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Click here to find new PEPEs!\n\n\n\n\n\nThe Digital Chamber, a crypto trade association, has criticized the US Securities and Exchange Commission (SEC) for issuing a Wells Notice to Robinhood Crypto.\nThe Chamber has called this an alarming development and an example of the regulator’s unchecked regulatory overreach.\nRobinhood has expressed profound disappointment over receiving a Wells Notice, despite its strong compliance.\n\nThe Digital Chamber criticizes SEC for issuing a Wells Notice to Robinhood Crypto, calling it an example of unchecked regulatory overreach. This comes after Robinhood’s response expressing disappointment over the notice.\n\n\n\nDigital Chamber’s Criticism of SEC’s Actions\nThe Digital Chamber has slammed the SEC for issuing a Wells Notice to Robinhood Crypto, terming it as an “alarming development.” The Chamber sees this as another instance of the regulator’s “unchecked regulatory overreach,” similar to previous ones. The SEC has previously issued Wells Notices to major industry players like Uniswap and Consensys. A Wells Notice informs the recipient that the regulator has concluded an investigation against them and plans to file an enforcement action.\nRobinhood’s Response to the Wells Notice\n\n\n\nRobinhood expressed profound disappointment over receiving a Wells Notice. “After years of good faith attempts to work with the SEC for regulatory clarity including our well-k... 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