U.S. SEC Chairman Gary Gensler makes final lobbying for U.S. crypto regulation

Odaily Odaily reported that before the Trump administration and its enthusiasm for digital assets came to power, SEC Chairman Gary Gensler was making a final lobbying to allow the agency to regulate the cryptocurrency market. In a speech prepared for a legal conference in New York on Thursday, Chairman Gary Gensler reiterated that the agency should focus on "road rules" applicable to cryptocurrency sales and intermediaries such as brokers and exchanges to support proper disclosure. Gensler said that the experience of the Great Depression made policymakers realize the "importance of disclosure terms because information about securities creates a public product." (Jinshi)