{"id":141119,"date":"2024-11-01T10:30:33","date_gmt":"2024-11-01T08:30:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141119"},"modified":"2024-10-31T19:30:00","modified_gmt":"2024-10-31T17:30:00","slug":"blockchain-association-reveals-400-million-spent-by-firms-on-sec-enforcement-actions","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/blockchain-association-reveals-400-million-spent-by-firms-on-sec-enforcement-actions\/","title":{"rendered":"Blockchain Association Reveals $400 Million Spent by Firms on SEC Enforcement Actions"},"content":{"rendered":"

This figure<\/a><\/strong>, based on a survey conducted with HarrisX, represents a fraction of the broader financial impact on the digital asset industry, which includes job losses and stifled innovation.<\/p>\n

Since taking office in April 2021, Gensler has classified most cryptocurrencies as securities, leading to numerous enforcement actions against major companies like Coinbase and Kraken.<\/p>\n

Some firms have responded by filing their own legal challenges against the SEC.<\/p>\n