Summary
- SEC Chairman Gensler stated that the impact of cryptocurrency on the presidential election has been exaggerated.
- He mentioned that the possibility of cryptocurrency-supporting voters and interest groups' funds swaying the U.S. presidential election is low.
- Gensler pointed out that cryptocurrency is speculative and lacks legal compliance.
Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), known for his adversarial stance on cryptocurrency, stated that the notion of cryptocurrency influencing the presidential election is an overinterpretation.
On the 14th (local time), cryptocurrency-focused media outlet Cointelegraph reported that Gensler said in an interview with CNBC, "The likelihood that cryptocurrency-supporting voters and interest groups' funds swayed the U.S. presidential election is low."
Gensler further pointed out, "Cryptocurrency is a speculative field that has not complied with various laws such as anti-money laundering, sanctions, and securities laws."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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