🚀DeFi & Web3 enthusiasts, gather 'round! SEC Chairman Gary Gensler is on a mission to bring "a little disinfectant" to the crypto industry, pointing out the lack of mandatory disclosures in crypto securities markets. 😅

🔍The SEC is pursuing enforcement actions against companies like Coinbase & Binance, accusing them of listing unregistered securities. Ethereum is also under investigation, potentially being classified as a security (unlike Bitcoin). 🕵️‍♂️

📈But hey, let's stay optimistic! Prometheum is gearing up to become the first approved special-purpose crypto broker-dealer, while Coinbase is pushing for crypto-specific rulemaking. 🎉

💬What do you think about Gensler's crusade? Share your thoughts in the comments! 👇#DeFi #Web3 #CryptoRegulation