Democrats are alleging they have been systematically denied crucial technical information from the Securities and Exchange Commission regarding upcoming crypto market structure legislation. This controversy has emerged just hours before critical House hearings that could reshape America’s digital asset regulatory landscape. The dispute centers around the Digital Asset Market Clarity Act, comprehensive legislation designed to establish clear regulatory frameworks for cryptocurrency markets. Democratic staff members on the House Financial Services Committee claim the SEC refused to provide basic technical analysis that was previously made available to Republican colleagues, creating a significant information imbalance. Representative Maxine Waters has formally demanded comprehensive technical analysis from SEC Chairman Paul Atkins, emphasizing that proper evaluation is necessary for determining whether the legislation addresses crypto risks and fosters responsible innovation.
