SEC Chairman Gensler Opposes Crypto Bill FIT21, Citing Regulatory Gaps and Risks to the Public
US Securities and Exchange Commission (SEC) Chairman Gary Gensler strongly opposed the Financial Innovation and Technology for the 21st Century (FIT21) crypto bill ahead of the House vote. “Many players in the crypto industry don't play by the rules,” he emphasized, leading to “widespread fraud, bankruptcy, failures, and misconduct.” Gensler is strongly opposed […]
