SEC Chair Gary Gensler joins “Squawk on the Street” to explain his position on cryptocurrencies.
Securities and Exchange Commission Chairman Gary Gensler assured lawmakers that Wall Street’s top regulator is working overtime to create a set of rules to oversee the volatile cryptocurrency markets while balancing the interests of American innovators.
Gensler told the Senate Banking Committee that he and his team are trying to protect investors through better regulation of the thousands of new digital assets and coins, as well as oversight of the more-familiar BitcoinBitcoin1$ 26,838.130.18%-6.01%-15.89%details and ether markets.
Stablecoins