🐦 SEC Chair Gary Gensler: Many cryptocurrencies are securi

--・622 views

🐦 SEC Chair Gary Gensler: Many cryptocurrencies are securities under U.S. law, yet investors do not receive the required disclosures about them. 🔺In the past month, the SEC has issued Wells Notices, indicating potential lawsuits to several crypto companies, including Robinhood Crypto, ConsenSys, and Uniswap, and is currently engaged in legal proceedings with exchanges Binance and Coinbase. 🤨 Gensler also emphasized the necessity of complying with securities laws regarding crypto assets.

🐦 SEC Chair Gary Gensler:
Many cryptocurrencies are securities under U.S. law, yet investors do not receive the required disclosures about them.
🔺In the past month, the SEC has issued Wells Notices, indicating potential lawsuits to several crypto companies, including Robinhood Crypto, ConsenSys, and Uniswap, and is currently engaged in legal proceedings with exchanges Binance and Coinbase.
🤨 Gensler also emphasized the necessity of complying with securities laws regarding crypto assets.

LIVE

Gutsul Crypto News

👤 In a CNBC interview, Gary Gensler once again reminded everyone that, by law, most cryptocurrencies are considered securities.

After which, the SEC chairman refused to discuss cryptocurrency any further, claiming it "doesn't deserve" his attention. 😂

0 people tipped the creator.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.