‘Opportunism and Demagoguery’ Fuel the U.S. Regulatory Crackdown on Crypto, Steptoe Partner Jason Weinstein Says

U.S. regulators just like the SEC and CFTC have all the time engaged in an “arms race” to rein within the cryptocurrency trade. Nonetheless, the multi-billion-dollar collapse of crypto alternate FTX has triggered a very “powerful” wave of crypto regulatory crackdowns, together with these on outstanding crypto exchanges like Kraken and Coinbase, Weinstein instructed a stay viewers in Austin, Texas..