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CATEGORY: gary gensler crypto


Jul 30, 2023 05:50

SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds and trade against their customers. Gary Gensler Says Crypto Field Rife [...]

The post SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’ appeared first on Crypto Breaking News.

Jul 22, 2023 05:50

SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative [...]

The post SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing appeared first on Crypto Breaking News.

Jul 02, 2023 05:50

Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts

The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the SEC Chair or the SEC staff,” he stressed. “It’s an anemic and flawed [...]

The post Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts appeared first on Crypto Breaking News.

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