SEC Chair Gary Gensler Calls Crypto 'Outsized Piece of Scams, Frauds, and Problems in Our Markets'

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it is “an outsized piece of the scams […]