The U.S. Blockchain Association reports that member companies have paid more than $400 million for legal defense since Gary took office

The Blockchain Association of the United States released a survey report stating that since Gary Gensler took office in April 2021, its member companies have paid more than $400 million for legal defense due to SEC enforcement actions. The report was conducted by the Blockchain Association in cooperation with HarrisX and sampled from association members including Ripple, Coinbase, Cryptocom, Grayscale and Kraken. The data shows that two-thirds of voters believe that the SEC should wait for Congress to issue clearer crypto regulatory guidance, while 34% of voters believe that Republicans are more likely to support digital asset innovation, compared to 32% of Democrats. (TheBlock)