MCD - SEC Chief Gary Gensler Affirms Crypto As Securities Cites 'Fraud Scams Bankruptcies' | Benzinga
SEC chief Gary Gensler remains resolute in his belief that many digital currencies fall under existing securities regulations, despite significant resistance from the crypto community.
This perspective, which emphasizes that cryptocurrency enterprises are bound by the same guidelines as traditional finance institutions, was reiterated by Gensler during his speech on Wednesday at the 2023 Securities Enforcement Forum, The Block reports.
His remarks come at a time when the crypto world is buzzing with anticipation, especially with events like Benzinga's Future of Digital Assets conference on Nov. 14 and ongoing debates surrounding the approval status of spot Bitcoin ETFs by the SEC.
Gensler stated, "There is nothing about the crypto asset securities markets that suggests that investors and issuers are less ...