Crypto companies are poised to resist SEC supervision, setting up one of the most consequential battles of the Gensler era. | Kevin Dietsch/Getty ImagesGary Gensler, Washington’s chief cryptocurrency critic, has long been fed up with what he views as the market’s rule-breaking middlemen.
SEC’s view that crypto tokens can be securities — and subject to strict regulation — even without being sold to the publicThe SEC’s campaign for compliance could cement the regulator’s authority over crypto — ushering in a new age of policing in a market that Gensler has called the “Wild West.” It would also assuage concerns from progressive advocates and lawmakers who want the agency to move faster and more aggressively to protect consumers and investors.
People queue for giveaways at the Gemini Trust Company stand in the exhibition hall during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Fla. | Marco Bello/Getty Images
Gensler is part of the Deep State scum / Central Banking cabal behind the FTX scam and market manipulation. He doesn't like crypto because he can't control something that is decentralized. He belongs in prison!
They seem to always be too late to stop anything look at the year+ they had with FTX. Maybe Japan or Saudi would be better at regulations for crypto market rather then the slow corrupt SEC and GaryGensler
Bitfinexed Bring it, wash them all out