Gensler: SEC needs to ensure people are compliant with taxes

Gensler: SEC needs to ensure people are compliant with taxes

Gensler: SEC needs to ensure people are compliant with taxes.

Gary does it all. What a guy.
— Erica Woods (@fewture) September 21, 2021

Added at 11:12am

Gensler on yesterday's market drop and crypto's perceived instability as an asset:

"It is an asset class that is highly speculative, stored on a digital ledger... in often cases, there's not something else standing behind it other than what someone else will pay for it"
— Onramp Academy (@OnrampAcademy) September 21, 2021

Added at 11:14am

Added at 11:16am

SEC CHAIR GARY GENSLER on $BTC CRYTOCURRENCY: "A CORE ISSUE IS THESE PLATFORMS TO TRADE & LEND TOKENS. HIGHLY LIKELY PLATFORMS HAVE SECURITIES...PLATFORMS HAVE TO COME IN & BE REGISTERED...GOING TO BE A PROBLEM WITH PLATORMS... A LOT OF PPL WILL GET HURT " pic.twitter.com/RE3iBG4w4J
— PostedGo (@postedgo) September 21, 2021

Added at 11:18am

GENSLER: "SOME STABLECOINS HAVE ATTRIBUTES OF INVESTMENT CONTRACTS AND SHOULD BE REGULATED BY THE SEC"

oh fuck lmao
— 𝕦𝕝𝕥𝕣𝕒𝕩𝕓𝕥 (@UltraXBT) September 21, 2021

Comments / Top
Subscribe

DojiSan

Sep 21, 2021 4:27pm

Permalink

"It is an asset class that is highly speculative, stored on a digital ledger... in often cases, there's not something else standing behind it other than what someone else will pay for it."

If he is talking about Fiat, then HE IS CORRECT!!!!

Story Stats

Sep 21, 2021 11:12am
Posted by
Newsstand

Low Impact Breaking

1

976