According to data from the Blockchain Association, during Gary Gensler’s tenure as SEC chairman, the US crypto industry spent more than $400 million on enforcement by the agency. 💸
- These costs are negatively impacting innovation and employment.
- Two-thirds of voters think the SEC should wait for clearer regulatory guidance from Congress, according to a HarrisX poll. 🗳️
Things are getting tougher in the crypto world! 😬