Krutika Adani
Solana founder Anatoly Yakovenko while commenting on the current US layoffs has said that the current administration has been driving jobs out of the US due to poor policy management.
The anti-crypto stance has shifted Solana-related blockchain jobs outside the US while the domestic labor market suffers. The month of September saw new jobs fall to 7.7 million from 8.18 million in the previous month.
The fears of global recession, oil shortages, and other economic uncertainties diminish the hope for a job market revival.
Commenting on Analtoly’s statements, crypto users have called it vengeance committed by the SEC due to their bias against crypto.
Ripple CEO Brad Garlinghouse commenting on the SEC said that it was irrational for the securities regulator to have carried this case for so long. The Ripple had already received relief from the courts in its case against the SEC.