Billionaire investor Mark Cuban suggests the CFTC takes charge of crypto regulation due to crypto companies finding it 'nearly impossible' to operate in the United States.
Billionaire investor Mark Cuban says that assigning all authority to the CFTC "could solve" the problem of vocal crypto voters for current United States president Joe Biden.
“You could solve this problem for Biden by passing legislation that defines registration that is specific to the crypto industry just as other industries have registration that is defined for them,” Cuban declared in a May 10 Cuban echoed the argument that has been heard by other leaders in the crypto community in recent times that Gensler has made it “nearly impossible” for legitimate crypto companies to operate within the U.S. due to his enforcement-focused regulatory approach.
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