Billionaire Mark Cuban Blasts SEC Chair Over Crypto Regulations

Billionaire Mark Cuban Calls Out SEC Chair Over Crypto Regulations Remarks

In a recent tweet, American billionaire Mark Cuban called out SEC chair Gary Gensler over his opinion piece in Wall Street Journal.

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SEC chair had claimed in his opinion piece that the crypto market should not be treated differently from the rest of the capital markets

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Cuban tweeted, “Since you understand crypto lending/finances, why don't you just publish bright line guidelines you would like to see and open it up for comments.”

Dogecoin co-founder Billy Markus also sarcastically commented, ““I’m glad there are so many super clear guidelines for all this stuff after 10 years of it existing.”

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Earlier, XRP Lawyer John Deaton also wrote an opinion piece for FOX News in reply to the SEC chair.

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Despite SEC chair claiming they are accessible and open to discuss regulations, industry players do not get such response when they approach the SEC.

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SEC has filed lawsuits against several big crypto companies, Coinbase being the latest one.

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