The effectiveness of crypto legislation in the United States has been subject to criticism due to the collapse of major exchanges and crypto ecosystems over the past year, including FTX, Celsius, Voyager, and Terra. Even though the crypto policies have been frequently upgraded by the U.S. government with an intention to safeguard citizens from dishonest individuals, the measures were insufficient to prevent the disastrous collapse as the recent episode of crypto giant FTX underlines. Congressman Tom Emmer expressed dissatisfaction over approach of Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), towards the cryptocurrency ecosystem regulation in The post Crypto Control Strategy of SEC Chair Under Scrutiny As Ecosystems Fall appeared first on Cryptoknowmics-Crypto News and Media Platform .
