Chair

Gary

Coin

<ul class="news-points">
 <li>SEC Chair Gary Gensler underscores the necessity of transparency in crypto markets.</li>
 <li>Gensler suggests the market requires “disinfectant” to address potential shortcomings.</li>
 <li>He warns against repeating historical market collapses due to a lack of transparency.</li>
</ul>
In a recent <a href="https://www.sec.gov/news/speech/gensler-remarks-columbia-law-school-032224" target="_blank" rel="noopener noreferrer nofollow">address</a> at the Columbia Law School conference, <a href="https://coinedition.com/sec-slammed-by-judge-for-abusing-power-in-case-against-crypto-firm/" target="_blank" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a> Chair Gary Gensler reiterated his stance on the necessity of transparency in the crypto markets. Specifically, Gensler suggested the crypto markets could benefit from a “sunlight and disinfectant.”
Gensler expressed this view while emphasizing the significance of appropriate disclosures by <a href="https://coinedition.com/tag/crypto-projects/" target="_blank" rel="noopener noreferrer nofollow">crypto projects</a>. He highlighted the manifold benefits of investors having access to disclosure mandated by laws and regulations.&nbsp;
Firstly, Gensler emphasized that disclosure fosters more efficient markets by facilitating better price discovery. According to him, more information enables prices to reflect a company’s prospects more accurately.
Furthermore, the SEC chair noted that disclosure cultivates trust in markets. He pointed out that investor…
The post <a href="https://coinedition.com/crypto-markets-require-sunlight-and-disinfectant-for-integrity-gary-gensler/" rel="noopener noreferrer nofollow">Crypto Markets Require “Sunlight and Disinfectant” for Integrity: Gary Gensler</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Crypto Markets Require “Sunlight and Disinfectant” for Integrity: Gary Gensler

Coin Edition

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