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+ the SEC pretty much acting like a mob engaging in grand scale extorsion. The claim and demand for its chairman to step down was recently made by a congressman
by hirako2000 3y ago
+ the SEC pretty much acting like a mob engaging in grand scale extorsion. The claim and demand for its chairman to step down was recently made by a congressman, not some crypto fanatic.
- yieldcrv 3y agothe aggregate direction definitely is not the state trying to stop crypto commerce so love to see Congress trying to excise these unproductive elements of the government out while harmonizing business practices
- hirako2000 3y agoIt has seemed like a crackdown on the competing with traditional banking that is crypto as a whole given the tone and tactics of the attacks. Comments made about stablecoins being in a problem in essence, not just the shoddy cases. Exchanges that have been going on for over half a decade (coinbase, kraken) even with an IPO (coinbase) that must have been reviewed by the SEC back then, being treated like mismanaged entities infringing the regulations (which do not exist yet) with the same basic claim they are selling securities (which most crypto tokens are not). As to the aggregate, there are more representative running a vendetta against than in the defence of crypto businesses. It's slowly, slowly, slowly changing. !Remind me in 5 years
- a_gnostic 3y ago[flagged]