. Such a note, referred to in the law as an amicus curiae, is an opinion of a third party who is not a direct party to the case, but who has a strong interest in its outcome.
The Chamber of Digital Commerce is a well-known advocate and lobbyist for the new digital economy, having been involved in major cryptocurrency cases such as the SEC v. Telegram, regarding the messenger's token, GRAM. In the press release accompanying the filing of the motion, the organization specifies that it does not intend to address the arguments of any of the parties or to advocate for any of them. The key issue of concern for the chamber is the lack of clear and precise regulation of the issue of digital currencies and their appearance as investment contracts.
clarity on these issues creates significant confusion and multiplies the efforts of brokers, dealers, exchanges and all other market participants to operate within the regulatory framework to zero, she concludes.
Source: News Formal (newsformal.com)
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