Unpopular opinion (for crypto people): Yes there's a lot to disagree with in the @GaryGensler interview today.
But he's right in that the crypto industry needs to be cleaned up. It's riddled with scams and 'rug pulls'. This industry is starved for real leadership.
#SEC Chairman Gensler on #CNBC now: "We don't need more digital currencies. The US dollar, euro and yen are already digital."
I don't even know where to begin with this ignorant comment. Crypto was created to act as an alternative to the systemic failures of fiat currency.
2023-06-06T13:17:24.000Z
2023-06-06T13:28:36.000Z