Aug 05, 2022 09:25

SEC Chair Shares His Outlook on Potential New Regulations...

SEC Chair Gary Gensler talks potential regulation over cryptocurrencies, a crypto-backed ETF and more. 

"When there's a group of entrepreneurs that are selling something to the public saying 'we've got this great idea' when you do that you have to have basic disclosures, full and fair disclosures." says Gensler.

While this currently presents another bump in the road, most analysts believe that once the government makes the rules clear, and removes the mystery around 'how will they regulate crypto' - there are billions waiting to flow in to the market.
Video Courtesy of CNBC

 

Subscribe to GCP in a reader