Mark Cuban calls on SEC to oust chairman Gary Gensler

BlockBeats news, on July 13, Mark Cuban called on the U.S. SEC to remove its chairman Gary Gensler at a crypto regulatory meeting, saying, "I don't believe Gensler has protected any investors in the cryptocurrency field or elsewhere. His approach at the SEC is to regulate through litigation. This means that it is impossible for cryptocurrency companies to follow clear rules. This can be proven by the fact that no company currently issues tokens for cryptocurrency applications."

According to reports, U.S. Congressman Joe Neguse (D-Colorado), Senator Kirsten Gillibrand (D-New York) and Skybridge Capital CEO Anthony Scaramucci attended the meeting. (Fortune)