⚠️ SEC Crypto Regulation Criticized
SEC Commissioner Caroline Crenshaw sharply criticized the agency’s recent approach toward crypto regulation, calling it weakened and chaotic. 😕 She said the SEC’s declining enforcement actions and lighter penalties have turned markets into “casinos,” where speculation overshadows fundamentals. 🎰 Crenshaw warned that investors are often driven by hype, promoters, and gambling behavior rather than real value. 📉 She also cautioned that giving crypto companies special exemptions could trigger larger financial risks. 🚨 Her upcoming departure may shift SEC’s balance further, leaving more pro-crypto voices in charge during a critical regulatory phase. 🏛️
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