
Bitcoin.com News|May 15, 2025 23:45
The former U.S. administration's anti-crypto stance is under review! 🇺🇸 Former Rep. Patrick McHenry revealed that ex-SEC Chair Gary Gensler recognized the value of digital assets but acted against them.
McHenry criticized Gensler's lack of clarity on token classifications and how Senate politics influenced his decisions. Under Gensler, the SEC launched enforcement actions against major players like Coinbase, Ripple, and Binance, stifling the crypto ecosystem.
What are your thoughts on the SEC's approach? Let us know! 💬
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