U.S. SEC Chairman: Compliance of cryptocurrency issuers and intermediaries is important

ChainCatcher News, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler emphasized the importance of compliance for intermediaries and issuers of crypto securities in a speech at the U.S. Department of the Treasury's Financial Stability Oversight Council (FSOC). He stated, "Anything in the crypto market is incompatible with securities laws. The risks posed by this speculative, volatile, and what I believe to be fundamentally non-compliant market put investors at risk." (Bitcoin.com)