U.S. SEC Chairman Gary Gensler said in an interview with CNBC Squawk Box that he believes that funds from cryptocurrency voters and digital asset interest groups are unlikely to influence the U.S. election to President-elect Trump's victory.
Gensler, who will leave office on the day of Trump's inauguration, talked about his previous talking points about investor protection during his time leading the SEC in the interview.
Gensler said: "I think that although, as you pointed out, this election was funded from the cryptocurrency space, I don't think it has anything to do with the outcome of this election. The cryptocurrency space is a highly speculative space that has always been incompatible with various laws, whether it's money laundering laws, sanctions laws, or securities laws." (Cointelegraph)