Trump SEC makes tremendous progress against crypto-stifling regulation
Gary Gensler’s SEC worked at a frenetic pace to shut down innovation in the crypto sector. Without rhyme or reason, the Biden-Gensler SEC moved fast and broke valuable things that legitimate entrepreneurs had created and Americans had invested in. It left a wave of destruction that led to numerous crypto projects pulling out of the US and blockchain projects that depend on crypto being abandoned or put on hold.
Fortunately, the Trump administration SEC has been working rapidly to reverse the abuses of Gensler from literally day one. Republican Commissioners Mark Uyeda, whom President Trump designated as Acting Chairman just after the Inauguration on January 20, and Hester Peirce began cutting the red tape…
