Gensler Makes Pitch on Crypto Rules Ahead of New Trump Tack
(Bloomberg) — Gary Gensler is making a final pitch for how the SEC should be allowed to regulate cryptocurrency markets ahead of the incoming Trump administration and its enthusiasm for digital assets.
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In remarks prepared for a Thursday legal conference in New York, the Securities and Exchange Commission chair repeated that the agency should be focused on “rules of the road” that apply to crypto sales and intermediaries, such as brokers and exchanges, to promote proper disclosure.
The experience of the Great Depression, where so many investors were wiped out and the economy went into a tailspin, taught policymakers about the importance of “provisions about disclosure because information about…
