Spot Ethereum ETF: Cynthia Lummis Calls for Clear Crypto Regulation After SEC Nod

The U.S. Securities and Exchange Commission’s (SEC) approval of spot Ethereum ETF has stirred the cryptocurrency industry. Senator Cynthia Lummis (R-WY) urged Congress to establish a clear regulatory framework for the industry. This move signifies a growing acceptance of cryptocurrency as a legitimate asset class, emphasizing the need for Congressional action.

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