Crypto entrepreneurs have engaged in regulatory ‘arbitrage’ to avoid oversight, says SEC’s Gensler
October 21, 2021 at 10:16 AM EDT
U.S. Securities and Exchange Commission Chairman Gary Gensler encouraged crypto entrepreneurs to seek to comply with U.S. financial and banking regulations, placing special emphasis on the need for oversight of stablecoins, or digital assets that seek to maintain a peg to the U.S. dollar.
