In a letter addressed to Securities and Exchange Commission (SEC) Chairman Gary Gensler, House Financial Services Committee Chairman Patrick McHenry and House Majority Whip Tom Emmer of Minnesota accused the SEC of “overstepping its authority” and urged the agency to clarify its stance on cryptocurrency airdrops.

Emmer and McHenry wrote, “By prohibiting Americans from participating in airdrops, the SEC is preventing cryptocurrency users from fully realizing the benefits of blockchain technology.”

The two lawmakers presented a series of questions to Gensler, including how the agency plans to differentiate airdrops from airline miles or credit card points. They expressed their hope that Gensler would respond by September 30th.