- Invoice factors out that the SEC's strict rules below Gary Gensler are affecting the complete US crypto business.
- A Coinbase report reveals that the US has misplaced 26% of its share of crypto builders since 2018.
- Consultants are urging the US authorities to rethink rules to keep up its world technological lead.
Invoice Morgan and Paul Grewal not too long ago raised the alarm on the X platform about rising regulatory scrutiny within the US. These issues stem from the robust regulatory strategy taken by Gary Gensler, chairman of the US Securities and Trade Fee.
In a tweet, Invoice Morgan reminded the group that he had warned of Gensler's actions way back to March 2021. He additionally expressed frustration that many believed the crackdown on Ripple (XRP) wouldn’t have an effect on the broader crypto market. Morgan argued that the crypto business felt the influence of Gensler's actions.
Morgan's issues are echoed by Paul Grewal, who…
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