[Blockchain News] Mark Cuban calls on the US SEC to remove Chairman Gary Gensler! 😮
Hello everyone! Today we have a big news to share. According to BlockBeats, on July 13, billionaire Mark Cuban bluntly called on the US Securities and Exchange Commission (SEC) to remove its chairman Gary Gensler at a crypto regulatory meeting.
What is Mark Cuban's reason? He said he did not believe Gensler protected any investors in the cryptocurrency field or elsewhere. He criticized Gensler's approach at the SEC for regulating through litigation, which made it impossible for cryptocurrency companies to follow clear rules. He further proved his point by citing the fact that no company currently issues tokens for cryptocurrency applications.
Other attendees at the meeting included U.S. Rep. Joe Neguse (D-Colorado), Senator Kirsten Gillibrand (D-New York) and Skybridge Capital CEO Anthony Scaramucci.
This meeting sparked a heated discussion about cryptocurrency regulation. What do you think of Mark Cuban's views? Is his criticism justified? Welcome to speak freely in the comment area, let's discuss it together!