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Gary Gensler on Cryptocurrency regulation


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What strikes me as interesting is. "congress painted it with a broad brush (securities law)," "The reason was to protect investors against fraud." [min 11:45]. "They should come in and figure out how to register [min 13:00]." [min 14:00] Gensler's personal view of an investment contract. [22:00 min] he's overall view of how cryptocurrencies will not last as they are private money and there are 6000 or so. [22:25] question from interviewer about banks apposing strict regulation to bitcoin investment.

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