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Using courts for every crypto issue will squash innovation — Grayscale CEO

Grayscale Investments CEO Michael Sonnenshein highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry.

During a recent interview with Fox Business, Sonnenshein expressed that the SEC could drive crypto firms out of the country by constantly resorting to enforcement action.

Grayscale CEO Michael Sonnenshein on Fox Business. Source: Fox Business

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