Gary Gensler has called AI the most “transformative” technology of our time. However, the commissioner noted that fraudsters could use its capabilities to influence capital markets.
Members of the crypto community fear that Gensler’s attention to the industry could become a factor of pressure on the tokens of AI projects.
Also from interesting observations. As CoinShares analysts note, the influx of funds into investment cryptocurrency products based on the XRP token for professionals exceeds the outflow for the sixteenth week in a row. So the recent court decision that the Ripple token is not a security clearly affected the sentiment of the capital holder.
