Outgoing SEC chair Gensler has crypto doubts ahead of Trump 2.0
Bitcoin (BTC-USD) and other cryptocurrencies surged on President-elect Donald Trump’s win, as Trump’s second administration is expected to be more crypto-friendly.
US Securities and Exchange Commission (SEC) Chair Gary Gensler is set to step down on January 20, Trump’s Inauguration Day, bringing an end to his tenure, which many have found to be anti-crypto. Gensler sits down with Yahoo Finance Federal Reserve Reporter Jennifer Schonberger to look back at his time in the SEC and discuss his crypto stance.
“Investors are … in essence, betting on a project,” Gensler says about crypto investing. “[Investors] need the proper disclosure — the law says you’re supposed to get that disclosure — and [crypto is] not currently…
