SEC’s Gensler Slams Crypto Companies: “Path to Compliance Is Clear” By DailyCoin

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SEC’s Gensler Slams Crypto Companies: “Path to Compliance Is Clear”
  • SEC chair Gary Gensler has brushed off regulatory concerns about operating a crypto company in the U.S.
  • Gensler is demanding compliance from the sector and shows no signs of compromising.
  • The SEC appears unconcerned about a crypto exodus, highlighting other emerging technologies as innovation leaders over blockchain.

The SEC’s recent crackdown on crypto companies has received backlash from some of the industry’s most prominent players, including Coinbase (NASDAQ:), , and Circle.

The head of the SEC, Gary Gensler, is not accepting complaints from the nascent sector and flat-out rejects the threat of a crypto exodus hurting innovation in the U.S.

On Tuesday, March 7, Gensler slammed crypto companies in the U.S. for not falling in line following the hardline crackdown. The SEC has recently gone after Paxos and its…

Continue Reading on DailyCoin

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SEC’s Gensler Slams Crypto Companies: “Path to Compliance Is Clear”
  • SEC chair Gary Gensler has brushed off regulatory concerns about operating a crypto company in the U.S.
  • Gensler is demanding compliance from the sector and shows no signs of compromising.
  • The SEC appears unconcerned about a crypto exodus, highlighting other emerging technologies as innovation leaders over blockchain.

The SEC’s recent crackdown on crypto companies has received backlash from some of the industry’s most prominent players, including Coinbase (NASDAQ:), , and Circle.

The head of the SEC, Gary Gensler, is not accepting complaints from the nascent sector and flat-out rejects the threat of a crypto exodus hurting innovation in the U.S.

On Tuesday, March 7, Gensler slammed crypto companies in the U.S. for not falling in line following the hardline crackdown. The SEC has recently gone after Paxos and its…

Continue Reading on DailyCoin

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