SEC Chair Gary Gensler has highlighted that crypto exchanges are engaging in activities that traditional exchanges like NYSE are not permitted to do. Jim Cramer raised the question of a potential $BONK ETF, mentioning a 'Cramer Coin' to Gensler, who expressed concerns about proper registration.
"These crypto exchanges are doing things we would never allow this New York Stock Exchange to do." .@SECGov Chair @GaryGensler weighs in on crypto regulation, meme coins and the impact on investors with @jimcramer, @davidfaber & @carlquintanilla. https://t.co/z1M9U0VnS4
"You have to make sure you don't mislead the public." @SECGov Chair @GaryGensler discusses the return of meme stock mania and potential market manipulation with @jimcramer, @carlquintanilla & @davidfaber. $GME https://t.co/Z2K1WHSgGw
JUST IN: SEC Chair Gary Gensler says "crypto exchanges are doing things the law would never allow NYSE or traditional exchanges to do." Yeah, the stock market is TOTALLY clean... 🙄 https://t.co/DKK9fVzBk0