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The post Finance Co-founder Criticizes SEC’s Gensler for Excessive Crypto Regulation! appeared first on Coinpedia Fintech News
A finance company co-founder has criticized the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, as “power hungry” and accused him of overreaching in his efforts to regulate the cryptocurrency market. Gensler has called for more oversight of decentralized finance platforms, but some in the industry have accused him of harming innovation. The co-founder said Gensler is extending the SEC’s power beyond its intended scope and hindering progress in the crypto industry.
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