⚡️Gary Gensler, Chairman of the U.S. SEC, stated in an interview with Bloomberg: 1. Reiterating the view that most cryptocurrencies are securities. 2. The current securities laws apply to the crypto field, but many entities and platforms are not in compliance, and the SEC needs to supervise and regulate. 3. The growing cryptocurrency industry has certain political significance, but the SEC needs to ensure that Crypto enters a fair, orderly, efficient, and trustworthy market. 4. I do not know the specific time for the issuance of the Ethereum spot ETF, but the approval process is progressing smoothly. Bloomberg analysts are optimistic and expect that the SEC is very likely to formally approve the #ETH spot ETF next week, with the predicted listing date advanced to "July 2"!
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⚡️Gary Gensler, Chairman of the U.S. SEC, stated in an interview with Bloomberg: 1. Reiterating the view that most cryptocurrencies are securities. 2. The current securities laws apply to the crypto field, but many entities and platforms are not in compliance, and the SEC needs to supervise and regulate. 3. The growing cryptocurrency industry has certain political significance, but the SEC needs to ensure that Crypto enters a fair, orderly, efficient, and trustworthy market. 4. I do not know the specific time for the issuance of the Ethereum spot ETF, but the approval process is progressing smoothly. Bloomberg analysts are optimistic and expect that the SEC is very likely to formally approve the #ETH spot ETF next week, with the predicted listing date advanced to "July 2"!