SEC Chair Gary Gensler has issued a stark warning about investing in volatile crypto assets, offering investors a few tips and “a few things to keep in mind.”
The remarks from Gensler come as the broader markets wait for the Securities and Exchange Commission’s decision about the spot Bitcoin ETF applications.
Gensler Urges Investors To Exercise Caution
Gensler posted the warnings on X (formerly Twitter), urging investors to be cautious when investing in crypto and mindful of the risks involved and the current regulatory landscape. In his post, Gensler stated that investing in crypto is incredibly risky thanks to high volatility and highlighted the fact that several crypto platforms had become insolvent or lost significant value.
“Investments in crypto assets also can be exceptionally risky & are often volatile. A number of major platforms & crypto assets have become insolvent and/or lost value. Investments in crypto assets continue to be subject to significant ri
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