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Wu Blockchain (@WuBlockchain): On May 20, the U.S. House Appropriations Committee questioned SEC Chair Paul Atkins on his stance toward crypto regulation. Rep. Glenn Ivey raised con…

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On May 20, the U.S. House Appropriations Committee questioned SEC Chair Paul Atkins on his stance toward crypto regulation. Rep. Glenn Ivey raised concerns over the agency’s paused fraud case against Justin Sun and his ties to a Trump-linked memecoin. Atkins responded that the case remains active and reiterated the SEC’s position that memecoins are not considered securities. https://t.co/feLSACTyfZ

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