USACongressman Tom Emmer, SEChead Gary gensexpressed his concerns about the crypto surveillance strategy implemented by
Major collapses and bankruptcies in the crypto industry remain on the agenda. Celsius, Voyager, terraand finally FTX They caused the crypto market to crash. Considered as major crypto companies, these projects have caused billions of dollars to evaporate. In this period when cryptocurrencies were adopted and given importance, the events that took place brought question marks with them. The most important issue discussed globally was the need for increased regulations and inspections. In the middle of all these processes, Congressman Tom Emmer, SEC Chairman by Gary Genslerexpressed concern about his attitude.
US Congressman Targets Gary Gensler
USACongressman Tom Emmer, SEC Chairman by Gary Genslertargeted its indiscriminate and inconsistent approach to crypto oversight.
While regulations and audits are aimed at protecting investors from bad actors, recent events have drawn attention. of the USA SECAlthough the party has undertaken all this burden, no clear solution has been found. absorb, of the SECThat’s why he’s worried about his approach.
absorb, taking into account FTX and other crashes of the SEC He said he missed some things. He cited this as the reason for his anxiety. Moreover absorbof Congress of the SECHe also mentioned that he had to learn the details about his surveillance through stories.
Finally absorb, by Gary GenslerHe said he was eagerly awaiting his public statement.
