Reported about 11 hours ago
Gary Gensler, the SEC Chair, stands firm on his regulatory stance towards the cryptocurrency industry as he prepares to depart, asserting that many assets are speculative and emphasizing the need for compliance with existing laws. Despite criticism from major players like Coinbase, Gensler proudly reflects on his tenure, particularly regarding reforms and new investment opportunities like bitcoin ETFs. He remains unconvinced by calls for more lenient crypto regulations under the incoming Trump administration, reinforcing the SEC's duty to uphold law and order in the financial markets.
Source: YAHOO