CandleFocus SEC Chair Gensler warns of investor risks stating, “too many people have been hurt”
2024-10-22
Author: Content Editor
SEC Chair Gary Gensler expressed concerns about the risks of the cryptocurrency industry, highlighting the lack of information and disclosure for investors. He emphasized the SEC's focus on protecting investors and adapting to new interpretations of securities laws. Gensler also mentioned the 16th anniversary of Bitcoin and the unclear legal classification of most crypto assets, with Bitcoin being recognized as a commodity by the SEC.
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