JUST IN - SEC Chair: Crypto firms don’t meet custody requirements. Investors "cannot rely on them."

Take your #Bitcoin off exchanges!

Reply to this note

Please Login to reply.

Discussion

Alright Gensler is definitely a maxi, someone find his anon account on here

#[0]

He’s not a maxi. He just can’t do anything about Bitcoin

A story almost as old as time: NOT YOUR KEYS NOT YOUR CORN!

Gary Gensler: Not your keys, not your corn.

#[0]

NO🔑NO🧀

He’s just talking loud, and saying nothing

This is getting serious

The first ever educational course content on Bitcoin that I ever benefitted from was by Gary Gensler on MIT's YouTube channel, he did speak very highly of Bitcoin as an MIT professor.

#[0]

Always makes me wonder whats really going on with these people in the background

No, do not panic sell from exchanges. Absolute terrible financial advice.

Look at context 🔑.

Or, how about just a week or two ago, when they were straight up endorsing Coinbase for use by investment advisors?

If you read the coindesk article this information came from, this headline is based on the rules that the SEC regulator man is referencing.

Can anyone actually believe he is looking out for the best interest of the retail investors? Regulations could have been put in place a long time ago that would have eliminated 99% of the shitcoins.