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Mark Cuban spoke against regulatory crackdown and calls for clarity in crypto regulations.
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Cuban argued that the underlying complexity does not favor crypto startups.
Mark Cuban pointed out the underlying obscurity in the current crypto regulations, calling for a simpler version. The complexity and ambiguity of the statute create an unfavorable environment for the crypto space and related startups.
He raised concerns regarding the regulatory crackdown on the crypto industry carried out by the financial watchdog of the United States, the Securities and Exchange Commission.
Mark Cuban Wishes for SEC Crypto Regulations to be Simple
Cuban stated that …
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