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TechFlow news: J.D. Vance, the vice-presidential candidate nominated by Trump, criticized SEC Chairman Gary Gensler's approach to cryptocurrency regulation in a video.
Vance accused Gensler of being overly politicized and wrongly attempting to ban utility tokens. He emphasized that many startups rely on blockchain technology and should be allowed to innovate in order to challenge existing social media giants.
J.D. Vance, the vice-presidential nominee picked by Trump, criticized SEC Chair Gary Gensler's approach to cryptocurrency regulation in a video. Vance accused Gensler of being overly politicized and wrongly attempting to ban utility tokens. He emphasized that many startups rely on blockchain technology and should be allowed to innovate in order to challenge established social media giants.
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