In a recent interview, Gary Gensler defended his approach to crypto regulations, claiming he acted to protect investors during his time at the SEC. He emphasized that substantial fraud cases, such as the FTX scandal, justify his tough regulatory stance.
The present SEC leadership under Paul Atkins is moving towards a more lenient regulatory approach, reversing several of Gensler’s policies. This change aligns with Trump’s proposals to adjust reporting requirements, which Atkins suggests could impact market transparency.
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