🗣️SEC Chairman Gary Gensler:
•The reason for my distrust about cryptocurrencies always comes to the same place; There is constant fraud and many companies are not compliant with US laws.
•The SEC performs very well in court on crypto cases.
•We have always been, and still are, committed to complying with the law regarding ETFs.
•Not every crypto token is a security, but most are.
📣SEC Chairman Gary Gensler:
•The crypto industry needs arbitrators.
•SEC is ready to control and regulate this new field of technology.
🚨SEC Chairman Gensler did not make any comments about the SEC's Ethereum ETF plans.
