America does not miss an opportunity to behave oppositely to other countries in every case; its behaviour is happening like this even regarding crypto. Multiple countries are now trying to dive into new economic technology, and the US is getting heated up with the crypto industry, all thanks to the SEC, which controls securities.

Banning passive earning opportunities like staking and yielding

The SEC's fine on NEXO for providing yield products and on Kraken for providing staking features is shutting the door on passive earning for US HODLers. This has forced other platforms to either stop such services and lose market share or stand against SEC. 

For example - Coinbase stands against SEC for this.

Attempting to stop the industry that is related to stablecoins

Paxos is being named in the lawsuit by Gary for issuing stablecoins like Pax Dollar (PUSD) and Binance-related BUSD. People have yet to understand how stablecoins provide security.

Not sparing even bankrupt companies

Gary sued bankrupt Genesis and Gemini for selling unregistered securities instead of trying to force Genesis' parent company, DCG, to return people's assets.

Not allowing old cases to be resolved

Not to forget the Ripple lawsuit. With no result in sight and the SEC pulling the case instead of letting the court reach a decision, the crypto industry is trying to avoid it.

Various topics have made SEC chief Gary the most obnoxious person in the US crypto sector.