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“I do suppose that working with Congress, and I believe it’s only Congress that would actually tackle it, it could be good to contemplate, for those who would ask my ideas, to contemplate whether or not to carry better investor safety to the crypto exchanges,” Gensler’s full quote stated. “And I believe if that have been the case, as a result of proper now the exchanges buying and selling in these crypto belongings should not have a regulatory framework both on the SEC, or our sister company, the Commodity Futures Buying and selling Fee, that would instill better confidence. Proper now, there’s not a market regulator round these crypto exchanges, and, thus, there’s actually not a safety in opposition to fraud or manipulation.”
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