SEC Chair Gary Gensler Slams FIT2I, Cites “Immeasurable Risk” To Investors

United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21), claiming it would present “immeasurable risk” to investors and markets. Gensler’s commentary comes the same day as the House’s scheduled vote on the landmark crypto regulation.

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