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“I do assume that working with Congress, and I believe it’s only Congress that might actually handle it, it might be good to think about, should you would ask my ideas, to think about whether or not to deliver better investor safety to the crypto exchanges,” Gensler’s full quote mentioned. “And I believe if that had been the case, as a result of proper now the exchanges buying and selling in these crypto property would not 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’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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