Gary Gensler: No Plans to Change Enforcement-Based Regulatory Approach to Crypto

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Gary Gensler: No Plans to Change Enforcement-Based Regulatory Approach to Crypto In a decisive statement to Bloomberg, Gary Gensler, Chairman of the U.S.

Securities and Exchange Commission (SEC), affirmed that the agency will maintain its enforcement-based regulatory approach towards cryptocurrencies.

On one hand, it deters fraudulent activities and enhances market integrity; on the other, it may slow down the pace of innovation in the crypto space.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Gary Gensler Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 05:23:54 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 798 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23211751

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 38 posts per day

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Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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