SEC tells Parliament Crypto could be as disruptive

Crypto Signals via Telegram – SEC chairman Gary Gensler promoted cooperation between Europe and The United States in seeking to regulate decentralized financial technologies. SEC tells Parliament Crypto could be as disruptive

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Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto signals assets.

SEC tells Parliament Crypto could be as disruptive

Gensler highlighted the $2.1 trillion cryptocurrency markets as a “truly global” asset class, stating: “It has no borders or boundaries. It operates 24 hours a day, 7 days a week.”

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Gensler characterized stablecoins as facilitating “those seeking to sidestep a host of public policy goals” including anti-money laundering safeguards and international sanctions.

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