According to BlockBeats, on July 16, a video disclosed by a prominent crypto Key Opinion Leader (KOL) revealed that JD Vance, the Republican vice-presidential candidate, criticized Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), during a speech. Vance described Gensler as the 'worst regulator' for the crypto industry and stated that his approach to regulating the cryptocurrency market is 'completely contrary to ideal policy.'
Vance further accused Gensler of attempting to inject excessive political factors into the actual business of U.S. securities. This criticism highlights ongoing tensions and differing perspectives on the regulation of the rapidly evolving cryptocurrency sector.