๐ข SEC Chairman Gary Gensler is feeling the heat from the media's crypto obsession! ๐๏ธ๐ฐ
- Gensler's had enough of the "outsized ratio" of crypto questions. He argues that the $2.3 trillion crypto market is a mere drop in the $110 trillion capital markets ocean. ๐
- Yet, he acknowledges crypto's "outsized piece of the scams, frauds, and problems" across the market. ๐ฌ
- The SEC has been busy, filing multiple lawsuits and Wells Notices against major crypto companies. 43 enforcement actions in 2023 alone! ๐จ
- Gensler's stance on crypto remains firm: many tokens are securities under the law. ๐๏ธ
What do you think about Gensler's views on crypto? Let's chat in the comments! ๐ #CryptoNews #SEC #GaryGensler