CoinRoutes CEO Slams SEC’s Crypto Overreach, Supports GOP Resolution

• Dan Weisberger criticizes reps supporting the SEC on SAB 121.
• The Coin Routes chair calls the SAB 121 regulation supporters backward and anti-crypto.
• Waters believes scrapping SAB 121 will undermine the SEC’s abilities to protect crypto investors.

CoinRoutes Chair Dave Weisberger blasted those who claim the SEC’s actions are protecting crypto investors, calling the view “backward” and branding those who agree with it as “anti-investor.”

Weisberger voiced his criticism in a post on X in response to the U.S. Representative Maxine Waters, who opposed a Republican-led resolution to block the SEC’s Staff Accounting Bulletin (SAB) 121.

Waters argued that opposing the bill equates to stripping away protections for crypto investors. However, the CoinRoutes chair countered, asserting that the bill would allow…

The post CoinRoutes CEO Slams SEC’s Crypto Overreach, Supports GOP Resolution appeared first on Coin Edition.