The lawmakers raised the alarm in an April 26 bipartisan letter addressed to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas.
Assad Jafri 2 min read 
BlackRock see back-to-back zero flows as Fidelity’s FBTC records first outflow.
According to the notice, users could see financial disruptions and losses amid enforcement efforts.
TFL called the development "frustrating" and said it is "against geoblocking as a matter of principle" but has no choice but to adapt.
The lawsuit alleges that the SEC aims to unlawfully regulate Ethereum through enforcement actions against various companies, including Consensys, constituting "aggressive and unlawful" overreach.
Participants in recent meetings with the SEC described the talks as one-sided, with agency staff withholding substantive comments on the proposals.
Institutional investors cite regulatory issues and votality as significant barriers to entry to the asset class.
Market analysts predict that this move could rejuvenate interest in the Bitcoin ETFs.
Two project leads allegedly brought in millions of dollars in fees.
