
The Failure of Gary Gensler
The Breakdown
00:00
Gensler's Regulatory Reality Accusations
The crypto sector has reason to wonder why Gensler is taking a hard stance on the crypto industry. He abruptly interrupted CoinDesk managing editor for global policy and regulation Nick Day, emphatically claiming three times in a row that all cryptocurrencies are securities. The latest Bruhaha is that the SEC is clearing the way for Prometheus and a handful of other firms founded by regulatory insiders to be the primary dealer for digital assets. As a sector, we must continue to demand revolutionary approaches for effective regulation in these rapidly evolving markets.
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