tldr; Former SEC chairman Gary Gensler defended his aggressive regulatory approach to the cryptocurrency industry during his tenure from 2021 to 2025, labeling most tokens as lacking fundamentals and driven by hype. Gensler emphasized investor protection and highlighted fraud cases like Sam Bankman-Fried. His successor, Paul Atkins, has adopted a more crypto-friendly stance, introducing frameworks to support the industry, including streamlined ETF approvals and favorable legislation. Gensler remains critical of the speculative nature of most cryptocurrencies, excluding Bitcoin.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Kike328 on
and he’s right
Ok_Distance9129 on
Most footballers are are also not ready for the Champions League
DryMyBottom on
is this weird kind of a man still around?
soliejordan on
Tokens are just digital extensions of people. You get to invest in those digital extensions and fund peoples ideas. Essentially people giving power to people. Of course some relic government officials wouldn’t want this.
JimThumb on
You’re telling me that fartcoin isn’t the future of finance!?
Ninjanoel on
sounds like he is saying some don’t lack fundamentals
parakite on
Gary is right.
Every single premined and/or centralized ( for example with a centralized development team) coin is a Howey coin and as such is a digital security. And since barely any of them register with SEC, that means they are all howey coin scams.
Zyzz2179 on
He’s not wrong but at the same time what he did during his tenure at SEC is still fked up
the_ocs on
I thought he was of the opinion that fundamentals were illegal, or else they’d be a security in his mind
SnideyM on
To be fair, most tokens are a load of shit designed to scam people, so he’s not wrong
Next_Statement6145 on
he’s not wrong
tightywhitey on
Gary lacks fundamentals
admin_default on
He’s right. Always has been.
The moment he left came the biggest wave of the most corrupt rug pulls, probably in all U.S. history.
Gary tried his best to stop victims from getting scammed and the victims hated him for it.
valerioshi on
he’s not wrong
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tldr; Former SEC chairman Gary Gensler defended his aggressive regulatory approach to the cryptocurrency industry during his tenure from 2021 to 2025, labeling most tokens as lacking fundamentals and driven by hype. Gensler emphasized investor protection and highlighted fraud cases like Sam Bankman-Fried. His successor, Paul Atkins, has adopted a more crypto-friendly stance, introducing frameworks to support the industry, including streamlined ETF approvals and favorable legislation. Gensler remains critical of the speculative nature of most cryptocurrencies, excluding Bitcoin.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
and he’s right
Most footballers are are also not ready for the Champions League
is this weird kind of a man still around?
Tokens are just digital extensions of people. You get to invest in those digital extensions and fund peoples ideas. Essentially people giving power to people. Of course some relic government officials wouldn’t want this.
You’re telling me that fartcoin isn’t the future of finance!?
sounds like he is saying some don’t lack fundamentals
Gary is right.
Every single premined and/or centralized ( for example with a centralized development team) coin is a Howey coin and as such is a digital security. And since barely any of them register with SEC, that means they are all howey coin scams.
He’s not wrong but at the same time what he did during his tenure at SEC is still fked up
I thought he was of the opinion that fundamentals were illegal, or else they’d be a security in his mind
To be fair, most tokens are a load of shit designed to scam people, so he’s not wrong
he’s not wrong
Gary lacks fundamentals
He’s right. Always has been.
The moment he left came the biggest wave of the most corrupt rug pulls, probably in all U.S. history.
Gary tried his best to stop victims from getting scammed and the victims hated him for it.
he’s not wrong