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SEC Chief Gary Gensler Says This Could Make Crypto Platforms "Irrelevant"

source-logo  coingape.com 01 September 2021 13:40, UTC

The US Securities and Exchange Commission chief Gary Gensler in a recent interview with Financial Times talked about the cryptocurrency ecosystem and how the agency plans to regulate it. Gensler during his interview acknowledged the pace at which the crypto ecosystem is growing and currently above $2 trillion valuations. However, he also noted that the vastness of the crypto market calls for regulations, otherwise it may fear losing public trust and become irrelevant.

coingape.com