SEC Chairman Gary Gensler Expresses His Views on Cryptocurrencies Once More

SEC Chairman Gary Gensler has once again captured the spotlight with his latest statement, effectively emphasizing that a considerable number of cryptocurrencies can be classified as securities according to the legal definition. However, Gensler also turned his attention towards the plight of investors, expressing concern over their inadequate access to the explanations they both need and deserve. It appears that Gensler is attempting to defend his position by highlighting the discrepancy between his efforts to provide clarity and the lack of support he has encountered thus far.