Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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SEC Chairman: Cryptocurrencies are full of fraud,
2023-09-12 15:05
Odaily News SEC Chairman Gary Gensler attended a hearing of the U.S. Senate Banking Committee. Gensler said at the hearing that cryptocurrency is full of fraud. In addition, Gensler said that the comment period for rulemaking usually takes 12-24 months after public feedback, and it may take many years when it comes to the encryption industry.
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