Close Menu
Cryprovideos
    What's Hot

    The Vibe Coding Economic system has Been Launched on Orange Web3

    June 5, 2025

    Singapore Courtroom Rejects WazirX Restructuring Plan

    June 5, 2025

    Consensys’ $300 Million Wager: Huge Cash Buys the Dip as Ethereum (ETH) Makes an attempt Breakout

    June 5, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Gary Gensler Criticizes Crypto Business as He Prepares to Depart SEC
    Gary Gensler Criticizes Crypto Business as He Prepares to Depart SEC
    Crypto News

    Gary Gensler Criticizes Crypto Business as He Prepares to Depart SEC

    By Crypto EditorJanuary 9, 2025No Comments1 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    With solely days left in his tenure as Chair of the U.S. Securities and Change Fee (SEC), Gary Gensler made one final critique of the cryptocurrency house, stating that it stays “rife” with unhealthy actors.

    He acknowledged that Bitcoin, which represents 80% of the crypto market’s worth, is well known, however expressed considerations concerning the hundreds of lesser-known initiatives that lack sturdy foundations.

    Gensler pointed to the speculative nature of many of those initiatives, remarking that they have been pushed extra by market sentiment than stable fundamentals.

    He predicted that numerous them would fail, likening them to high-risk enterprise capital investments. Moreover, he warned of the prevalence of “pump-and-dump” schemes throughout the crypto sector.

    Reflecting on his time on the SEC, Gensler described his position as overseeing the $120 trillion capital market as a “nice privilege.” He emphasised that whereas his efforts in regulating cryptocurrency had gained a lot consideration, they represented solely a small fraction—about 5%—of the SEC’s general work.

    Gensler additionally famous that his predecessor, Jay Clayton, had initiated 80 enforcement actions associated to cryptocurrency throughout his time period, underscoring the continued regulatory give attention to the business.

    Gary Gensler Criticizes Crypto Business as He Prepares to Depart SEC





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Trump Household Points Authorized Menace to TRUMP Memecoin Workforce Over Unauthorized Crypto Pockets – BlockNews

    June 5, 2025

    Solaxy Layer 2 ICO Soars Previous $44M With 11 Days Left – Greatest New Crypto Coin to Purchase Now?

    June 5, 2025

    Crypto Hacks Shift Towards Social Engineering in 2025

    June 5, 2025

    53,343,468 XRP Stun Prime US Crypto Trade in One Minute

    June 5, 2025
    Latest Posts

    Trump Media Information for Fact Social Bitcoin ETF – Bitbo

    June 5, 2025

    Cypherpunk Cited by Satoshi Urges Musk to Pivot to Bitcoin

    June 5, 2025

    Bitcoin Life Insurer, In the meantime, Turns into First Firm To Publish Audited Financials Denominated In Bitcoin

    June 5, 2025

    Bitcoin HODLing Hits 2-12 months Excessive – Lengthy-Time period Confidence Builds | Bitcoinist.com

    June 5, 2025

    Romania's postal service installs first Bitcoin ATM

    June 5, 2025

    Solo Miner Wins $330K Bitcoin Block Amid Document Problem – Bitbo

    June 5, 2025

    VerifiedX Launches Vault Accounts – Setting a New Normal for Bitcoin Safety

    June 5, 2025

    President Trump's Fact Social Information S-1 Type For Bitcoin ETF

    June 5, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Binance's CZ Reacts to Bitcoin Euphoria With Exhausting Fact for Sellers

    May 22, 2025

    Redacted Startup Accelerator Launches RDAC Airdrop On Binance Alpha

    May 14, 2025

    SEC's Subsequent Crypto Roundtable Will Focus on Actual-World Asset Tokenization

    May 6, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.