How are crypto firms responding to US regulators’ enforcement actions? By Cointelegraph
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United States regulators, including the Securities and Exchange Commission (SEC), have ongoing civil cases against major cryptocurrency firms, including Binance, Coinbase (NASDAQ:) and , but not every company has been subject to the same treatment.
Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and industry leaders for a “regulation by enforcement” approach to crypto companies and offerings. Some of the cases have ended up in federal courtrooms to determine what may qualify as a security in the U.S., and not all judges’ decisions have necessarily been favorable to the regulator.
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United States regulators, including the Securities and Exchange Commission (SEC), have ongoing civil cases against major cryptocurrency firms, including Binance, Coinbase (NASDAQ:) and , but not every company has been subject to the same treatment.
Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and industry leaders for a “regulation by enforcement” approach to crypto companies and offerings. Some of the cases have ended up in federal courtrooms to determine what may qualify as a security in the U.S., and not all judges’ decisions have necessarily been favorable to the regulator.
Continue Reading on Coin Telegraph
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