Ethereum Co-Founder Vitalik Buterin on SEC Crypto Enforcement Actions: 'The Real Competition Is the Centralized World'.
Vitalik Buterin, a co-founder of Ethereum, the second largest cryptocurrency project by market cap, took a stance on the recent actions that the U.S. Securities and Exchange Commission (SEC) has taken in the field of enforcement against crypto. Buterin mentioned how projects like Solana were included in these legal actions and stated that the real competition was the “centralized world.”
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Vitalik Buterin Opens up on SEC Crypto Enforcement Actions :
Vitalik Buterin, a co-founder of Ethereum, has opened up on his thoughts about the recent crypto enforcement actions the U.S. Securities and Exchange Commission (SEC) is taking against exchanges and cryptocurrency projects. When asked about his thoughts on the issue by Matt Huang, co-founder of California-based crypto investment firm Paradigm, Buterin answered:
''I feel bad that Solana and other projects are getting hit in this way. They don’t deserve it, and if Ethereum ends up ‘winning’ through all other blockchains getting kicked off exchanges, that’s not an honorable way to win, and in the long term probably isn’t even a victory.''
Furthermore, Buterin warned about the possible objectives behind these actions, stating that “the real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak,” wishing other crypto projects a “fair outcome” on this situation.
Article Source : https://news.bitcoin.com/ethereum-co-founder-vitalik-buterin-on-sec-crypto-enforcement-actions-the-real-competition-is-the-centralized-world/
https://reddit.com/r/btc/comments/14oo6ba/ethereum_cofounder_vitalik_buterin_on_sec_crypto/
https://reddit.com/r/CryptoCurrency/comments/14pndpw/vitalik_buterin_on_sec_crypto_enforcement_actions/
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