https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03The hyperlink is SEC Chairman Gary Gensler's speech at Aspen Security Forum on August 3.
There are two sentences are worthy of our alert.
"In my view, the legislative priority should center on crypto trading, lending, and DeFi platforms”
"For those who want to encourage innovations in crypto, I’d like to note that financial innovations throughout history don’t long thrive outside of our public policy frameworks.”
Please stay awake. The regulation of the cryptocurrency market will become more and more serious. How do you interpret the sentences?
Perhaps in the future the regulation of the cryptocurrency market will be even stricter with the regulations made by the largest shareholder of bitcoin as conveyed by SEC Chairman Gary Gensler at the Aspen Security Forum. in the future they will focus on the development of a wider crypto with financial innovation that is more secure and controlled.