According to Walter Bloomberg, Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), said on CNBC's Squawk on the Street, "Cryptocurrencies should be no different from other securities and require compliance. Cryptocurrency exchanges are integrating more functions, and we don't need more digital currencies. If crypto tokens have real value, then SEC compliance will build trust. The SEC is ready to work with the crypto industry to comply with regulations." (Foresight News)