The U.S. digital currency market should be legalized, said billionaire Mark Cuban.
On Twitter, he criticized the Securities and Exchange Commission (SEC), which has initiated lawsuits against Binance and Coinbase.
The lack of a regulatory framework for the industry is forcing blockchain application developers (DApps) to move to other jurisdictions for fear of reprisals from U.S. regulators. This is especially true for startups, not large companies.