There doesn't seem to be a clear picture of how cryptocurrencies are regulated and what government agencies like the SEC are doing. Even though it is important for regulatory agencies to protect consumers and investors, I agree that the lack of clarity and the unwillingness to give clear answers are doing more harm than good. I think Congress needs to step up as well, since they have the power to pass laws that can provide a regulatory framework and get rid of confusion.
RE: Not About Gary Gensler vs US Congress