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SEC Chair Gensler Expresses Concern About Crypto Operating Beyond Regulation

SEC Chair Gary Gensler expressed concern to Financial Times that people will be hurt if crypto operates beyond regulatory remit.

In late September, SEC Chair Gary Gensler again argued that crypto markets operating outside established regulatory frameworks could expose investors to harm, continuing a series of 2021 speeches and interviews on oversight.

The historically important point is the procedural stage captured by this event: SEC Chair Gensler Expresses Concern About Crypto Operating Beyond Regulation. The action affected Bitcoin directly where Bitcoin fell within the rule or market being discussed, while broader digital-asset language is not treated as Bitcoin-specific.

Sources

  1. SEC — Chair Gary Gensler speeches and statements