Using courts for every crypto issue will squash innovation — Grayscale CEO By Cointelegraph

Grayscale Investments CEO Michael Sonnenshein highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry.

During a recent interview with Fox Business, Sonnenshein expressed that the SEC could drive crypto firms out of the country by constantly resorting to enforcement action.