“I do assume that working with Congress, and I feel it’s only Congress that might actually deal with it, it could be good to think about, for those who would ask my ideas, to think about whether or not to deliver better investor safety to the crypto exchanges,” Gensler’s full quote stated. “And I feel if that had been the case, as a result of proper now the exchanges buying and selling in these crypto property don’t have a regulatory framework both on the SEC, or our sister company, the Commodity Futures Buying and selling Fee, that might instill better confidence. Proper now, there may be not a market regulator round these crypto exchanges, and, thus, there may be actually not a safety towards fraud or manipulation.”
