SEC Chair Gensler criticizes former crypto regulation as a "major missed opportunity"

2026-02-28 00:31:05

Abstract generation in progress

Deep Tide TechFlow News, February 28, According to The Block, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler criticized the cryptocurrency regulation strategy during his fireside chat at the University of Texas, calling it “a major missed opportunity for the United States.” Attacks indicated that the SEC is rapidly making up for lost time and has shifted toward a more industry-friendly stance.

He is particularly optimistic about the application prospects of distributed ledger technology in payment clearing and settlement systems, mentioning that the SEC recently approved WisdomTree’s 24/7 trading and real-time settlement digital fund, a first in the United States. The SEC has also established a cryptocurrency task force and launched a “cryptocurrency project” to modernize its regulatory rules.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.