According to information from BlockBeats, on July 16, a video published by a prominent KOL in the cryptocurrency industry shows JD Vance, the Republican vice presidential candidate, criticizing Gary Gensler, Chairman U.S. Securities and Exchange Commission (SEC), in a statement. Vance called Gensler the “worst regulator” of the cryptocurrency industry and said his approach to managing the cryptocurrency market is “completely contrary to ideal policy.” .”

Vance also accused Gensler of trying to inject unnecessary political factors into the actual performance of U.S. stocks. This criticism reflects the ongoing tensions and differing views on regulation in the rapidly developing cryptocurrency sector.