‘I feel very good about what we’ve done’
Securities and Exchange Commission Chair Gary Gensler is not backing down from his views about the cryptocurrency industry as he prepares to walk out the door.
“Many in the crypto field are not complying with our time-tested laws,” he told Yahoo Finance in an interview Tuesday, calling many digital assets “highly speculative.”
Of some assets, he said, “You have to question what is their true use case; what is their value proposition?”
Gensler spent much of his tenure clashing with the biggest players in the cryptocurrency world as the SEC filed lawsuits against major digital asset companies, including US cryptocurrency exchange Coinbase (COIN).
