Regulation
Mark Cuban calls on SEC to follow Japanese crypto regulations
Billionaire Mark Cuban is urging the United States Securities and Exchange Commission (SEC) to emulate Japan’s crypto regulatory framework. He highlights Japan’s proactive measures after Mt. The collapse of Gox and the Coincheck hack, contrasting with the SEC’s perceived hostility towards crypto. Cuba criticizes the SEC’s broad approach, which obstructs legitimate projects. Additionally, the clarity of Japanese regulations, praised by Ripple CEO Brad Garlinghouse, highlights its emergence as a crypto powerhouse. The resilience of FTX Japan after the stock market collapse demonstrates the effectiveness of Japan’s protective measures for investors.