He "gets" crypto, but he might not agree with it.
The SEC knows crypto is a threat to their power base and they have to embrace it or risk getting left behind in crypto dust. Making a play to regulate it is logical. Get federal control and the SEC has a moat protecting them from crypto marauders.
The SEC knows crypto is a threat to their power base and they have to embrace it or risk getting left behind in crypto dust. Making a play to regulate it is logical. Get federal control and the SEC has a moat protecting them from crypto marauders.