Fox Business reporter Eleanor Terrett shared former SEC attorney Ladan Stewart‘s thoughts on the ongoing fight between the SEC and the cryptocurrency industry. Stewart discussed his experience considering both sides of the debate, highlighting the difficulties faced by those in the cryptocurrency industry seeking to collaborate with regulators.
Stewart noted that many people within the crypto industry sincerely want to find a way to work with regulators. However, they often feel like this is impossible due to the current direction of the SEC and the Biden administration. She expressed her belief that this situation is unfortunate, as it hampers efforts to achieve regulatory clarity and hinders progress in building the industry.
These comments highlight the broader challenges the cryptocurrency industry faces in navigating the regulatory landscape and striving to establish a cooperative relationship with governing bodies. Stewart’s perspective highlights the complexities and frustrations faced by industry players in their quest for a more defined regulatory framework.
