Chamber of Digital Commerce opposes SEC’s overreach in Binance lawsuit By Cointelegraph

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The United States-based Chamber of Digital Commerce has aligned with various digital assets firms, associations, legal experts and legislators in a collective effort to challenge the U.S. Securities and Exchange Commission (SEC) vs. Binance lawsuit.

According to a recently filed amicus brief, the advocacy group also seeks to thwart the SEC’s attempt to oversee the cryptocurrency sector without explicit authorization from the U.S. Congress and halt the SEC’s method of regulation through enforcement.

Screenshot of the amicus brief. Source: The Chamber of Digital Commerce