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A Lot Of Cryptocurrencies Are Securities, Says SEC Chair 

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A Lot Of Cryptocurrencies Are Securities, Says SEC Chair 

United State Securities and Exchange Commission Chair Gary Gensler said the majority of the cryptocurrencies are securities and there will not be any brand-new standards for the crypto industry. 

Gary Gensler made clear that there's no demand to establish any kind of special regulations for the sector. 

"Nothing regarding the crypto markets is inappropriate with the securities regulations," he stated. 

His speech spotlighted crypto intermediaries, stablecoins, and also other crypto-related concerns. 

His speech spotlighted crypto intermediaries, stablecoins, and also other crypto-related concerns. "Don't wait for us to knock on your door.". 

This is possibly the clearest sign yet that the SEC will certainly continue to control the crypto sector based on existing policies. 

Crypto participants aren't delighted about the SEC's lack of arrangement for the new standards.

References:-

References:-

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