Mark Cuban Calls for SEC to Follow Japan’s Crypto Regulations
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Billionaire Mark Cuban urges the US Securities and Exchange Commission (SEC) to emulate Japan’s crypto regulatory framework. He highlights the proactive measures of Japan post-Mt. Gox collapse and Coincheck hack, contrasting it with the perceived hostility of the SEC towards crypto. Cuban criticizes the SEC’s broad approach, hindering legitimate projects. In addition, Japan’s regulatory clarity, praised by Ripple CEO Brad Garlinghouse, highlights its emergence as a powerhouse of crypto. The resilience of FTX Japan post-exchange collapse showcases the effectiveness of Japan’s protective measures for investors.
