Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insight on policy and regulation.
Crypto makes a spectacle of everything it touches, and regulation is no exception. Look no further than Gary Gensler, the lightning rod leader of the Securities and Exchange Commission, who seems to revel in the outrage and changed his profile picture to the “deal with it” meme as an April Fools’ Day troll to Crypto Twitter, which was less than amused. As Gensler and Commodity Futures Trading Commission Chairman Rostin Behnam become household names, at least in households that hold their savings in Trezor wallets, an unlikely figure has been climbing the ranks: Adrienne Harris, superintendent of the New York Department of Financial Services.
