John Reed Stark opposes regulatory reform at SEC crypto roundtable

Quick Summary:

In February 2024, the former SEC official characterized a sponsorship deal between the Dallas Mavericks — a National Basketball Association (NBA) team — and crypto firm Voyager as an agreement with a “heroin manufacturing firm.”Stark later said that the government agency’s regulation by enforcement under former chairman Gary Gensler was warranted and added that cryptocurrency must conform to existing laws rather than the law evolving to embrace the future of money.

Source: SECRelated: SEC’s deadline extension is a ‘fork’ in case against Coinbase — John Reed StarkJohn Reed Stark: one of crypto’s staunchest criticsStark has been one of the most vocal opponents of cryptocurrencies and the digital asset industry, often criticizing the industry for a lack of transparency and accountability.

John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable.

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Article Details

Author / Journalist: Cointelegraph by Vince Quill

Category: Crypto

Markets: United StatesCuba

Topics: Firms Reed Stark Digital Delay Investors Securities Exchange Crypto Industry Assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 21:15:29 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27227432

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Main Topics: Crypto

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