SEC Chair Gary Gensler on Kraken Settlement, Crypto & Staking Oversight 🤜💥🤕
SEC Chair Gary Gensler says crypto exchanges are generally not following SEC rules. Speaking with David Westin on "Balance of Power," Gensler comments on the $30 million Kraken settlement and the importance of crypto regulation.
In the end, this will be good for cryptos. It will force them to clean up their acts, be transparent, honest and have protections for investors. It will bring in big business and investments into the scene.
Before now it was the Wild West.
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