Jump to content

Gensler & friends declare war on crypto


HAL1000

Recommended Posts

image.png.6de7e6a6f08fd09496dabed957c0d957.png

Pretty much protecting the current big banks/incumbents/deep state/etc at the cost of every one else in the US.

Another snippet of her statement:

Most concerning, though, is that our solution to a registration violation is to shut down entirely a program that has served people well. The program will no longer be available in the United States, and Kraken is enjoined from ever offering a staking service in the United States, registered or not. A paternalistic and lazy regulator settles on a solution like the one in this settlement: do not initiate a public process to develop a workable registration process that provides valuable information to investors, just shut it down.

That's only going to happen for so long and innovators will be fleeing the US in droves.

Full Statement

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...