Gary Gensler on Cryptocurrency regulation

[KarmaCoverage]

Hopefully this hasn't been posted yet.

[HAL1000]

Sorry, my play button is broken, please sum up and let me know if he says anything good worth hearing

Edited September 30, 2021 by HAL1000

[RandyMarsh]

He really didn't put him on the spot at all. Some questions were going in a good direction but he made it really easy for Gary to just answer it any way he wants, then no follow-up questions. I think this was a fantastic interview... for GARY. 

[peanut56]

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.

[NightJanitor]