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SEC chair Gary Gensler says there is more crypto pain to come
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fnlondon.comSecurities 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
Why Crypto Cannot Become A Default Payment Mode? ndtv.com /1 year ago
Five Decentralized Exchanges (DEXs) to Watch as the Crypto Market Comes of Age cryptonews.com /1 year ago
More Crypto Regulation Incoming in South Korea Following Terra Collapse, Gov’t Indicates cryptonews.com /1 year ago
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