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US senators urge SEC to reconsider encryption ETF pledge
BlockBeats news, on February 22, according to Cointelegraph, bipartisan senators in the United States wrote to SEC acting chair Mark Uyeda, urging a reevaluation of encryption ETF stake (staking) issues, believing that they play an important role in blockchain security and investor interests. The letter was led by Republican Senator Cynthia Lummis and supported by Democratic Senator Kirsten Gillibrand and Ron Wyden.