20-12-2018 21:01

SEC Chair Jay Clayton’s Mass Crackdown On Crypto Industry Roils GOP Lawmakers

Jay Clayton, the chairman of the US Securities and Exchange Commission, is coming under fire from Republican lawmakers amid growing concerns over his harsh approach to regulatory enforcement — which critics claim strangles the free market and inhibits technological innovation. In 2018, the SEC launched a massive crackdown on the crypto industry, which has been
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