Such regulation by enforcement does indeed run the risk of stifling important and valuable innovation in the crypto space.

Cryptocurrencies, Security, SEC, IRS, FinCEN, United States, AML, KYC, Ripple, XRPRead More

You might also be interested in reading Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms.