SEC is killing innovation in america — 1inch co-founder

America might threat an exodus of main Web3 and cryptocurrency service suppliers because the Securities and Alternate Fee (SEC) takes motion towards Coinbase (NASDAQ:) and Binance.

Sergej Kunz, a co-founder of decentralized finance (DeFi) protocol 1inch Community, believes the SEC’s enforcement motion towards the 2 centralized exchanges might have a destructive impact on the expansion of Web3 in america.

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