Gary Gensler is regarded in some quarters to be hostile to the U.S. crypto community. Previously, the Securities and Exchange Commission (SEC) chair has talked passionately about the demerits of cryptocurrencies and the strong need to regulate its industry.
Since FTX’s collapse, Gensler has been extra aggressive toward crypto even if Congress has been slow in creating a crypto framework. Recently, the SEC has charged a number of crypto enterprises for violation of securities laws. Many crypto insiders now complain that Gensler’s meddling is affecting…
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