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SEC's Gensler distances himself from SBF, says “tokens are securities”

From kitco.com

Gary Gensler. the Chair of the U.S. Securities and Exchange Commission (SEC), shed new light on his dealings with former FTX CEO Sam Bankman-Fried in an interview with New York Magazine published over the weekend, while reiterating his hardline stance toward the crypto industry as a whole. Last week saw reports that Coinbase is reportedly in talks with stock exchange platform IEX to create a federally approved digital asset marketplace following recent meetings with officials from the SEC that centered on gaining Gensler’s approval. The last time IEX brought a partner to a meeting with the SEC Chair to explore this ... (full story)

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  • Category: Fundamental Analysis