SEC Chair Gensler Opposes Crypto Bill FIT21 Citing Regulatory Loopholes and Increased Risks to Public

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has powerfully opposed the crypto measure Financial Innovation and Technology for the 21st Century (FIT21) Act up of the House vote. He stressed that “many players successful the crypto manufacture don’t play by the rules,” starring to “widespread fraud, bankruptcies, failures, and misconduct.” Gensler Strongly Opposes […]