SEC Chair Gary Gensler has warned of widespread crypto failures, labeling the industry as speculative, sentiment-driven, and lacking the fundamental stability needed to survive. Gary Gensler’s Chilling Crypto Forecast: A Ticking Time Bomb of Failures Gary Gensler, the departing chair of the U.S. Securities and Exchange Commission (SEC), has expressed sharp criticism of the cryptocurrency […]
Source: https://news.bitcoin.com/sec-chairs-dire-crypto-warning-thousands-are-doomed-to-fail/
SEC Chair’s Dire Crypto Warning: Thousands Are Doomed to Fail
