Gensler Calls for SEC to Establish Clear Crypto Regulations Amid Market Growth

Gary Gensler is making a strong case for the SEC to regulate cryptocurrency markets. With the Trump administration coming in, there’s a lot of excitement around digital assets.

In his speech prepared for a legal conference in New York, he emphasized something important. The SEC should focus on creating clear “rules of the road.” These rules would apply to crypto sales and intermediaries, like brokers and exchanges. The goal? To ensure proper disclosure.

It’s all about clarity and transparency in this rapidly changing landscape. Gensler believes that by setting these rules, the SEC can help protect investors and promote fair practices in the market.

In short, Gensler is advocating for a structured approach to cryptocurrency regulation. It’s a necessary step as the market continues to grow and evolve.