SEC Chair Gary Gensler: ‘Crypto is a small piece of our market, BUT…’

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SEC Chair Gary Gensler expressed his frustration with the “outsized ratio” of crypto-related inquiries compared to traditional finance.

It’s becoming increasingly apparent that the SEC is gearing up to tighten regulations on cryptocurrencies., and most recently Robinhood, underscore this trend. But don’t rely solely on AMBCrypto’s outlook — take a look for yourself.expressed his frustration with the “outsized ratio” of crypto-related inquiries compared to traditional finance.

“Crypto is a small piece of our overall markets. But, it’s an outsized piece of the scams and frauds and problems in the markets.” All these instances further confirm that the SEC might be looking to come down to crypto more harshly. Perhaps that is why“I think it really is time for Congress to step in and decide what the law should be instead of leaving us all in this sort of haze of regulatory uncertainty.

 

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