The new amendment in the United States prohibits the SEC from taking enforcement actions against the digital asset industry until authorized by Congress.
BlockBeats reported on November 9th that Tom Emmer, the Majority Whip of the Republican Party in the United States House of Representatives, posted on social media that "My non-partisan appropriations amendment aimed at curbing SEC enforcement overreach in the digital asset industry passed the House today with no opposition. This amendment prohibits the SEC from using taxpayer resources to take enforcement action against the digital asset industry until Congress passes legislation authorizing regulatory enforcement jurisdiction."