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SEC chair Gary Gensler says there is more crypto pain to come
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Securities and Exchange Commission chairman Gary Gensler said 18 May he worries that more investors will be harmed in cryptocurrency markets, after this month’s implosion of the stablecoin known as TerraUSD.
“I think a lot of these tokens will fail,” Gensler told reporters after a House Appropriations Committee panel hearing. “I fear that in crypto…there’s going to be a lot of people hurt, and that will undermine some of the confidence in markets and trust in markets writ large.”
Crypto...
Read more on fnlondon.comAbout this in other media
More Crypto Regulation Incoming in South Korea Following Terra Collapse, Gov’t Indicates cryptonews.com /2 years ago
Bill Ackman says a more aggressive Fed or market collapse are the only ways to stop this inflation cnbc.com /2 years ago
WEF 2022: Bitcoin should be seen from an innovation perspective, says Miami mayor cointelegraph.com /2 years ago
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