US Congress members: The cryptocurrency industry is not "rife with non-compliant behavior."

According to a BlockBeats report on September 3rd, US Congressman Tom Emmer stated on social media that the SEC has suffered consecutive losses in the Ripple and Grayscale cases, and will continue to monitor the outcome of pending litigation. However, policymakers should clearly recognize that even though SEC Chairman Gary Gensler has been promoting it heavily, the crypto industry is not "rife with non-compliant behavior."