SEC Chair Gary Gensler Slams Cryptocurrencies At NYC Event

During an event at New York University, SEC Chair Gary Gensler expressed doubts about cryptocurrencies becoming viable currencies in the future, emphasizing that the crypto sector must prove its value through transparency, disclosure, and practical use-cases to survive regulation. source: https://cryptonews.com/news/sec-chair-gary-gensler-says-its-unlikely-crypto-will-serve-as-a-currency/