According to Jinse.com, Joe Lubin, the founder of ConsenSys, said at the ETHFang community conference held in Brussels on Wednesday that the US regulatory agencies have "neglected their duties", and certain senators and banking lobbying groups are able to "exploit" and guide the SEC's encryption policy.
Lubin also said that he and other participants have been forced to deal with unclear legislation. He said, "For years, we have been accustomed to operating under the cloud of regulatory uncertainty".
Nevertheless, Lubin said he believes regulators are making "real progress," in part because of the upcoming U.S. election, with lawmakers now seeking new ways to win votes and raise funds for their campaigns.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
1 Likes
Reward
1
4
Repost
Share
Comment
0/400
Tonipat01
· 2024-07-10 21:21
thank you very much for your in-depth analysis
View OriginalReply0
APKAH
· 2024-07-10 20:14
And that's not all, Marusya neglected Ivan in the last century, and he fathered children throughout Europe, so now they're scattered all over the world.
Consensys Founder: US Regulatory Agencies 'Neglecting Responsibilities'
According to Jinse.com, Joe Lubin, the founder of ConsenSys, said at the ETHFang community conference held in Brussels on Wednesday that the US regulatory agencies have "neglected their duties", and certain senators and banking lobbying groups are able to "exploit" and guide the SEC's encryption policy. Lubin also said that he and other participants have been forced to deal with unclear legislation. He said, "For years, we have been accustomed to operating under the cloud of regulatory uncertainty". Nevertheless, Lubin said he believes regulators are making "real progress," in part because of the upcoming U.S. election, with lawmakers now seeking new ways to win votes and raise funds for their campaigns.