Mark Cuban's Experience Reveals Difficulties Faced by Crypto Firms in Registering with SEC

06/18 02:25

June 18 (Huobi) - Investor and television personality Marc Cuban shared his experience trying to register a crypto token with the U.S. Securities and Exchange Commission (SEC), highlighting the difficulties faced by crypto firms in registering with the agency. Cuban believes that SEC Chair Gary Gensler does not understand the challenges faced by small businesses and start-ups in terms of approval delays, legal fees, and complex rules. He emphasized the need for easy-to-follow guidelines and relatively inexpensive registration processes for small crypto start-ups. Cuban's experience could make an interesting case for discussions with lawmakers on crypto as we head towards the election year.
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