(HedgeCo.Net) — A new political and regulatory flashpoint is emerging in Washington, as Richard Blumenthal has launched a formal inquiry into the U.S. Securities and Exchange Commission following its abrupt decision to pull back from a high-profile cryptocurrency enforcement case. The inquiry comes on the heels of the unexpected departure of the agency’s enforcement chief—raising questions about internal dynamics, regulatory consistency, and the broader trajectory of U.S. crypto policy.
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