Democrats Claim Blockade on SEC Crypto Bill Analysis Ahead of Key Hearing

U.S. House Democrats allege obstruction by the Securities and Exchange Commission in obtaining technical assessments of the Digital Asset Market Clarity Act. The bill, which aims to establish regulatory frameworks for cryptocurrencies, faces scrutiny in an upcoming hearing. Democratic staffers report being denied routine analytical support from the SEC—a courtesy previously extended to Republican lawmakers.

Representative Maxine Waters (D-CA) has drafted a formal demand to SEC Chairman Paul Atkins for comprehensive impact analysis. The letter includes detailed questions about potential market effects, emphasizing the need for transparency in evaluating risks specific to digital assets. This development underscores growing partisan tensions over crypto regulation as legislative efforts accelerate.