🧵 1. Grayscale CEO warns that using courts to regulate crypto will stifle innovation and push crypto firms out of the US. #crypto
🧵 1. Grayscale CEO warns that using courts to regulate crypto will stifle innovation and push crypto firms out of the US. #crypto
🧵 2. Ripple CEO echoes concerns, stating that the SEC is trying to kill innovation in the US crypto industry. Fight for clarity is ongoing.
🧵 3. Grayscale CEO remains hopeful that Congress will provide regulatory clarity through legislation. Optimistic about embracing crypto.
🧵 4. House Financial Services Committee approves act to establish registration rules for crypto firms under CFTC or SEC jurisdiction.
🧵 5. Grayscale CEO suggests SEC should shift focus on Bitcoin ETF criteria. SEC delays decision on ARK's spot Bitcoin ETF.
🧵 Read more at: https://cointelegraph.com/news/court-crypto-issuance-innovation-grayscale-ceo