Crypto Regulation: Is the SEC Acting for Investors or Wall Street?
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Gensler’s actions aren’t surprising, considering he made “millions on Wall Street” before foraying into politics.
recent tensions between the SEC and the crypto ecosystem have highlighted the gaps in the regulator’s actions
these gaps have gone unnoticed for long
the crypto advocate asserted that the regulatory capture at SEC is why a large collapse like that of the FTX could have happened
he noted that the attitude of political elites toward the SEC may be changing, given recent back-and-forths between them.
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