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SEC Chief Reiterates Call for Cryptocurrency Regulation

When Securities and Exchange Commission (SEC) Chairman Gary Gensler took up his current position back in April, the crypto industry expected a change in the federal agency’s stance—which was hostile during his predecessor’s tenure—toward cryptocurrencies and digital assets. Gensler said the exchange “may have dozens of tokens that are securities” in its trading markets. Despite his unrelenting criticism of the crypto industry, Gensler clarified that he was not “negative or minimalist” about cryptocurrencies.

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