The CEO of the Blockchain Association supports Crypto.com's lawsuit against the SEC, stating that the SEC is overstepping its regulatory authority

ChainCatcher news, Blockchain Association CEO Kristin Smith recently publicly supported the lawsuit filed by Crypto.com against the U.S. SEC, stating that the regulatory agency's overreach threatens the U.S. crypto industry.

In a statement posted on X, Smith emphasized that this lawsuit is a key initiative for the regulatory transparency needed to drive the growth of the U.S. crypto industry, saying, "Crypto.com's leadership has sent a clear message to the U.S. SEC: the crypto industry is here to stay."

She stressed that this lawsuit is not only a defense of the company but also a defense of the broader U.S. crypto community and its users against what she perceives as regulatory overreach.