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SEC's Strict Enforcement Costs Crypto Firms $426 Million Under Gensler's Leadership

SEC's Strict Enforcement Costs Crypto Firms $426 Million Under Gensler's Leadership

The Blockchain Association, a prominent advocacy group, is urging crypto stakeholders to rally for a leadership change at the SEC. This request arises in response to Chairman Gary Gensler's controversial approach of 'regulation by enforcement' that has been in place since 2021, which many believe has unduly burdened the cryptocurrency sector.