Gary Hensler


Al Draga / Bloomberg News

WASHINGTON – Securities and Exchange Commission Chairman Gary Hensler said Wednesday that he is concerned that more investors will suffer in cryptocurrency markets after the collapse this month of a stablecoin known as TerraUSD.

“I think many of these tokens will fail,” Mr Hensler told reporters after a congressional hearing on Wednesday. “I’m afraid that in the crypt … a lot of people will suffer and it will undermine some of the trust in the markets and the trust in the markets.”

Copyright © 2022 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source by [author_name]

Previous articleHealth officials say part of the U.S. may consider calls to wear masks
Next articleCisco revenue (CSCO) for the third quarter of 2022