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The Wall Street Journal Calls Out SEC Chairman Gensler Over Crypto

The Breakdown

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Cryptocurrency Regulatory Crackdown - Where Does This Leave Us?

Despite all the fears and predictions of a regulatory crackdown on crypto, we saw no major government actions in the first half of 20 22. The sec seems to be waging war on crypto two fronts, rule making and enforcement. In congress, were mostly done for the year with several promising legislative proposals like lammis gillibrand which will come back in 20 23. i expect it will get worse in h two as everyone is lined up behind the smart national strategy that pote has set forth in the executive order. Only congress can major questions like how to regulatecrypto almost everyone, except the sec.

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