Yesterday in a speech to the European Parliament Committee, Chair of the U.S Securities and Exchange Commission Gary Gensler addressed the burgeoning field of crypto assets. In Gensler’s view, “this innovation has been and could continue to be a catalyst for change in the fields of finance and money.”
Despite recognition of the potential, Gensler expressed reticence over the current legislation on crypto trading and lending.
“For those who want to encourage innovations in crypto, I’d like to note that financial innovations throughout history don’t long thrive outside of public policy frameworks,” he said.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
