BlockBeats news, on September 28, U.S. Senator Cynthia Lummis warned in a recent interview with CNBC channel Squawk Box that the United States is lagging behind in digital asset regulation, especially compared with the European Union.
“The EU is ahead of us,” Lummis said, stressing the importance of the United States taking the lead in regulating financial services and digital assets. She continued to criticize the SEC’s heavy-handed enforcement tactics, particularly under Chairman Gary Gensler.