Florida Governor: SEC is the judge, jury and executioner in the encryption field
Ron DeSantis, Governor of Florida and Republican presidential candidate, strongly criticized the Biden administration's attitude towards cryptocurrency in an interview with The Washington Observer. DeSantis said: "The SEC led by Biden is the judge, jury, and executioner in the cryptocurrency field, while the Federal Reserve continues to promote the development of CBDC." DeSantis opposes the lawsuits filed by the SEC against cryptocurrency companies, stating: "Due to regulatory reform, innovation is fleeing abroad. I will defend the right of Americans to hold digital assets without government interference. Cryptocurrency rules should be formulated by Congress, not regulatory agencies that do not understand the industry."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BNB gains despite a wider crypto market downturn as memecoin prices plummet
BNB has posted strong gains despite a broader cryptocurrency market downturn, with major tokens like bitcoin and ether declining alongside a drop in major memecoin prices.This performance comes amid rising inflation, with Wednesday’s U.S. CPI exceeding economist expectations.
'I smell opportunity,' Bitwise CIO says amid retail and institutional crypto sentiment dichotomy
Matt Hougan said retail sentiment in crypto is “terrible” despite “great fundamentals.”In a year or two, the transformation in the market will be “self-evident” and “overwhelming,” he predicted.
Agency: US CPI in January exceeded expectations, risk assets will face uncertainty in the short term
Trending news
MoreCrypto prices
More
