Gary Gensler Takes Potentially Final Swing at Crypto as SEC Exit Looms
Gary Gensler has taken another swing at the crypto industry, which might be one of his last, as he steps down from his role as the U.S. Securities and Exchange Commission (SEC) chairman later this month.
In a recent interview with Bloomberg TV, Gensler doubled down on his criticism of the cryptocurrency industry, saying it is “rife with bad actors,” despite accounting for less than 1% of the US financial markets. “It’s a field that was built up around noncompliance,” he said.
Reflecting on his tenure, Gensler expressed pride in the agency’s enforcement efforts within…