SEC Gensler’s Last Stand on crypto Investments amidst Bitcoin ETF approval expectations

Amidst the fevered expectations of imminent approval for spot Bitcoin ETF’s Securities and Exchange Commission Chair Gary Gensler was posting on Twitter Monday urging caution:

  • said crypto investments may be ‘exceptionally risky’
  • warned that companies offering crypto investments may not be following the law

While I agree with Gensler this strikes me as his ‘last stand’ ahead of the SEC reluctantly granting approval.

This article was written by Eamonn Sheridan at Source