Gary Gensler’s warning to the crypto industry. Gary Gensler, the head of the US Securities and Exchange Commission (SEC), warned the cryptocurrency industry!
In an interview with CNBC, Gary Gensler warned crypto market participants and said: Anyone who wants to be in cryptocurrencies must do so within the framework of the law.
He warned trading platforms in this regard that they should create trust for investors and not use their capital to achieve their goals.
Gray also said about the bankrupt FTX exchange: FTX should be revived under new leadership provided they comply with the rules.
Gensler also warned New York Stock Exchange Chairman Tom Farley and said: If Tom is going to be active in this field, he should do it within the framework of the law.
In the end, he emphasized that there are very strong laws for securities. He said: There is nothing in the field of cryptocurrency that is not compatible with the laws, it is enough that the laws are implemented.
The head of the Securities and Exchange Commission has warned the cryptocurrency industry that it has adopted clear rules to eliminate scams.
What do you think about this news from the commission? Post.