U.S. regulators like the SEC and CFTC have always engaged in an “arms race” to reign in the cryptocurrency industry. However, the multi-billion-dollar collapse of crypto exchange FTX has triggered a particularly “tough” wave of crypto regulatory crackdowns, including those on prominent crypto exchanges like Kraken and Coinbase, Weinstein told CoinDesk.
Home > Exchanges > “Opportunism and Demagoguery” Fuels the U.S. Regulatory Crackdown, Steptoe Partner Says