<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDcvMmUxZDNkZWEtZGRjNy00MTA2LWI3ZmMtMGNmNDM2ZGE2NGEyLmpwZw==.jpg"></p><p>A crypto-friendly legislator believes the Commission's regulation-by-enforcement approach to be ineffective.</p>