SEC Chairman Gensler Intensifies His Stance on Cryptocurrencies

SEC Chairman Gensler is advancing his tough stance on cryptocurrencies, contradicting his past assertions. His current position seems to negate the earlier Gensler who had spoken highly of Ethereum (ETH) and many other altcoins. Since taking office, he has made a 180-degree turn and started expressing the exact opposite. SEC Chairman and Cryptocurrencies At the Piper Sandler Global Exchange and Fintech Conference, SEC Chairman Gensler discussed cryptocurrencies under a specific heading. Here, he reiterated his previous statements and communicated a message of determination. When we examine his entire speech, some significant details emerge. There’s absolutely nothing in the crypto securities markets that suggests investors and issuers deserve less protection under our securities laws. In 1933 or 1934, Congress could have stated that securities laws were only applicable to stocks and bonds. However, the objective of Congress implementing the securities laws was to regulate investments, regardless of how they’re made and […] The post SEC Chairman Gensler Intensifies His Stance on Cryptocurrencies appeared first on COINTURK NEWS.