Gary Gensler Explains Why the SEC is Taking a Litigation-Heavy Strategy to Regulate Crypto
US Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation strategy to regulate the crypto industry. The SEC chairman insisted that enforcement actions against crypto companies were not carried out with a political agenda, stressing that he was protecting the American public. “This is an area where the American public is at risk and harmed every day as platforms mingle and often trade against their customers,” he warned.