Crypto is too big to exist outside of public policies, warns SEC chair
Cointelegraph
Published Sep 01, 2021 07:49AM ET
Updated Sep 01, 2021 01:40PM ET
Crypto assets will not last long outside of a public policy framework because “finance is about trust,” warns Gary Gensler, the chair of the United States Securities and Exchange Commission.
Speaking to The Financial Times, Gensler stressed the need for a regulatory framework for crypto platforms for their own survival. He explained that crypto assets should be under the same public policy imperatives to protect investors and fight illicit financial activities.
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Written By: Cointelegraph
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