🔔 Regulatory actions under the leadership of Gary Gensler, Chairman of the U.S. SEC, are becoming a fixed cost for crypto companies and may affect the pace of innovation in the industry. Recently, the SEC reached a settlement with Rari Capital, accusing its tokens of being unregistered securities and questioning its automatic rebalancing mechanism. In the past year, at least a dozen companies including Uniswap Labs, eToro, and Binance have paid more than $4.3 billion in fines. What do you think of this regulatory intensity? Welcome to discuss in the comments section! 💬#Blockchain#Cryptocurrency #Regulation