Emmer highlighted the SEC dealings with Coinbase, saying the firm’s attempts to work with the agency were ultimately thrown back in its face.
Highlights
- Congressman Tom Emmer slammed SEC chair Gary Gensler for his approach to regulating the crypto sector.
- Emmer: “He’s been blindly spraying the crypto community with enforcement actions while completely missing the truly bad actors’” Emmer was speaking to the Unchained podcast hosted by author and crypto journalist Laura Shin.
- He said the SEC’s attempts to work with the crypto-firm were ultimately thrown back in its face by the agency.
- The congressman said: “This is clearly not the way the government should be serving Americans’ interests in the crypto industry’� Emmer also said that the SEC should be regulating in good faith.
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