3min chapter

The Defiant - DeFi Podcast cover image

Ethereum is "Terrifyingly" Centralized but there's a way out, ether.fi founder says

The Defiant - DeFi Podcast

CHAPTER

The SEC and Gensler's Attitude to Protect Investors

U.S.-based investors won't be able to invest in the popular decentralization platform, according to a new report. The U.S. government is cracking down on ICOs because of its reserve status and ability to act as an arbiter for currency prices. Bitcoin founder Vitalik Butman says he doesn't think there's any conspiracy behind this move. He thinks it could just be individual actors trying to protect their political career or whatever they perceive that to be. It's complicated times, but we can't know why things are going so badly right now.

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