More Crypto Market Turmoil Is Predicted by SEC Chairman Gary Gensler

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Securities and Exchange Commission Chairman Gary Gensler said Wednesday he worries that more investors will be harmed in cryptocurrency markets, after this month’s implosion of the stablecoin known as TerraUSD

WASHINGTON—Securities and Exchange Commission Chairman Gary Gensler said Wednesday he worries that more investors will be harmed in cryptocurrency markets,“I think a lot of these tokens will fail,” Mr.

Gensler told reporters after a House Appropriations Committee panel hearing Wednesday. “I fear that in crypto…there’s going to be a lot of people hurt, and that will undermine some of the confidence in markets and trust in markets writ large.”

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

I hold USDT and there are no problems yet.

I don’t know what people were expecting. Stable coin functions like a weak currency of a tiny economy, pegging the dollars. They are very exposed to currency attacks, except the people that are hurt, are not at a different country

Gary really cares, about controlling how you spend your money.

bloody worm

Yeah, nobody is losing anymoney in the stock market, right?

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