Gary Gensler Blasts Crypto Market On His Way Out
In an interview with David Gura on Bloomberg Markets on Wednesday, outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler reviewed his tenure and the role of crypto within the US capital markets. Gensler, who has less than two weeks left in his term, remained steadfast on his stance toward the digital asset space, calling it “rife with bad actors” and stressing that “many of them will not survive.”
Crypto Is Still The ‘Wild West’
Gensler began by addressing the criticism he has faced during his tenure. “It’s a great privilege to be in a role like this,” he said, highlighting that he is the 33rd SEC chair and credits President Joe Biden for the appointment. “You walk into this central square and…
