Billionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation.’” He criticized U.S. Securities and Exchange Commission (SEC) Gary Gensler’s regulation by enforcement approach, asserting: “Gary Gensler is a blight on the technology community.” Mark Cuban Slams SEC Chair Over Crypto…
September 26, 2024 at 02:40 PM GST updated: September 26, 2024 at 02:22 PM 2 mins read News Mark Cuban expressed interest in leading the SEC if Kamala Harris wins the U.S. presidential election. Cuban has been critical of SEC Chair Gary Gensler’s aggressive approach toward cryptocurrency regulation. John Deaton, a prominent crypto lawyer, supports…
Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President Kamala Harris would not prioritize this policy. While Harris supports parts of President Biden’s tax plan, Cuban emphasized it is not her final stance. He also raised concerns about the policy’s impact on early-stage companies struggling with cash…