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coinpedia
2022-05-21 06:50:05

SEC Chairman Gensler Warns that A Lot of Crypto Tokens Will Fail, Here’s Why

SEC Chairman Gensler Warns that A Lot of Crypto Tokens Will Fail, Here’s Why

The post SEC Chairman Gensler Warns that A Lot of Crypto Tokens Will Fail, Here’s Why appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideChairman of the Securities and Exchange Commission Gary Gensler voiced concern on Wednesday that the implosion of cryptocurrency terra (LUNA) and stablecoin terra(UST) will hurt additional crypto investors. After a hearing before the House Appropriations Committee, he informed reporters: “I think a lot of these tokens will fail … I fear that in crypto… there’s …

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