SEC’s Regulatory Policies Destroy Crypto Industry, Claims Mark Cuban
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- Mark Cuban criticizes the SEC for its enforcement regulation, claiming that it has destroyed the crypto industry.
- Arguing that the SEC creates a destructive environment for crypto, Cuban states that the regulators never try to increase compliance.
- Cuban states that Gensler makes it impossible for good crypto companies to do the right thing.
Mark Cuban, an American television personality, reinforced his opposition to the Securities and Exchange Commission’s (SEC) regulatory policies that allegedly “destroy the crypto industry.” Cuban asserted that the regulator never attempts to increase compliance but enforces regulation.
On the last day, in relation to the upcoming US presidential election, Cuban addressed the lack of clarity in crypto regulation and urged the Commodity Futures Trading Commission (CFTC) to take over cryp…
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