SEC Chairman Gary Gensler spoke to CNBC about cryptocurrencies.
Many cryptocurrencies are securities under the law. However, investors are not provided with the explanations they need. Cryptocurrencies continue to be a significant part of fraud, fraud and problems in general
SEC Chairman Gary Gensler discussed cryptocurrencies following the Robinhood move. Soon SEC sent a Wells Notice to the US-based cryptocurrency platform Robinhood. While the SEC-Robinhood move remains high on the agenda, SEC Chairman Gary Gensler spoke to CNBC's Andrew Sorkin. Answering questions, Gensler said:
Many cryptocurrencies are securities under the law. However, investors are not provided with the explanations they need.
Cryptocurrencies continue to be a significant part of fraud, fraud and problems in general.