The Chairman of the US SEC feels that he has nothing to say on the topic of "encrypted securities".
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler eagerly responded to public concerns after a meeting related to Treasury bonds, but tactfully avoided mentioning the topic of "crypto securities." He expressed concerns about irregularities in the current market and emphasized the need to protect the rights and interests of investors.
Hello everyone, today I will bring you a little knowledge about the financial world. Recently, U.S. SEC Chairman Gary Gensler expressed his views when discussing the Treasury market. He stressed the importance of Treasury bonds and expressed concern about irregularities in the market. At the same time, he appeared more cautious regarding cryptocurrency securities, pointing out that these emerging financial products require more risk assessment and supervision.
What lessons do these discussions teach us? First of all, as ordinary investors, we should be aware of the importance of government bonds as an investment tool. Secondly, although cryptocurrencies are attractive, they also require us to treat them with caution and follow the principles of compliance and risk management.
But I want to tell you here that when things go wrong, there must be monsters. Gary was a big cannon before, but now he is silent means that the SEC has acquiesced to the behavior of the cryptocurrency industry, so everyone understands.
