SEC Chairperson Gary Gensler makes final lobbying for U.S. crypto industry regulations

Ahead of the Trump administration and its enthusiasm for digital assets, SEC Chairperson Gensler is making one last lobbying push to allow the agency to regulate the cryptocurrency market, the agency reported. In a speech prepared for a legal conference in New York on Thursday, Gensler reiterated that the agency should focus on "rules of the road" that apply to cryptocurrency sales and intermediaries, such as brokers and exchanges, to support proper disclosure. Gensler said the experience during the Great Depression has made policymakers aware of "the importance of disclosure provisions because information about securities creates a public good."