SEC Chairman Gary Gensler's Final Push for Regulatory Rules on the U.S. Crypto Industry

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<p>According to a report from Jin10 Data on November 14, institutions have stated that prior to the arrival of the Trump administration and its enthusiasm for digital assets, SEC Chairman Gary Gensler was making a final push to allow the agency to regulate the cryptocurrency market. In a speech prepared for a legal conference in New York on Thursday, Gensler reiterated that the agency should focus on the "road rules" applicable to cryptocurrency sales and intermediaries such as brokers and exchanges to support appropriate disclosures. Gensler noted that the experiences of the Great Depression made decision-makers recognize the importance of "disclosure terms, as information about securities creates a public good."</p>
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SEC Chairman Gary Gensler Makes Final Push for Regulation of the U.S. Crypto Industry