For too long, the regulatory landscape for digital assets in the United States has been an untenable, muddled mess. Different federal agencies have asserted conflicting jurisdiction, creating confusion and uncertainty in the marketplace. Meanwhile, the U.S. Securities and Exchange Commission (SEC) has taken advantage of this precarious situation, supercharging a campaign of intimidation and enforcement that threatens the viability of crypto in the U.S.
This article was originally published by Coindesk.com. Read the original article here.