daily, costing, sec,

Coinbase Says SEC Is Costing the US Millions of Jobs and Pushing Opportunities Offshore

Sep 15, 2023 · 1 min read · 380 points
Coinbase Says SEC Is Costing the US Millions of Jobs and Pushing Opportunities Offshore
Share this

Crypto exchange Coinbase says that the U.S. Securities and Exchange Commission’s (SEC) enforcement-only approach is negatively impacting America.

Highlights

  • Crypto exchange Coinbase says that the U.S.
  • Securities and Exchange Commission’s (SEC) enforcement-only approach is negatively impacting America.
  • According to a new blog post, the SEC is pursuing an enforcement only approach to regulation of crypto exchanges.
  • This is despite its chair Gary Gensler testifying that domestic crypto exchanges “do not have a regulatory framework either at the SEC or our sister agency, the US Commodity Futures Trading Commission (CFTC)” According to the SEC, a legislative approach is the “best way” forward.
  • The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets.

Read the original article

Join Newsletter
Get the latest news right in your inbox. We never spam!