Crypto Firms Report $400M Compliance Cost Under SEC Chair Gary Gensler: Industry Calls for Clarity
In a comprehensive update from the Blockchain Association and HarrisX, the crypto industry has reported staggering compliance costs reaching $400 million due to U.S. Securities and Exchange Commission (SEC) actions. Since April 2021, when Gary Gensler took over as SEC Chair, enforcement measures have intensified, forcing major players like Ripple, Coinbase, and Kraken to reallocate […]