SEC Chair Addresses Rising Crypto Queries, Highlights Bitcoin (BTC) and Ethereum (ETH) Discussions

• SEC Chairman Gary Gensler expresses frustration over the media’s focus on cryptocurrency questions during his recent interview with CNBC.
• Gensler argues that despite the crypto market’s $2.3 trillion market cap, it is still small compared to the $110 trillion capital markets of traditional stocks and bonds.
• The SEC has been actively pursuing legal actions against major crypto companies, with 43 enforcement actions filed in 2023 alone.

SEC Chairman Gary Gensler voices his frustration over the media’s disproportionate focus on cryptocurrency, despite its relatively small size compared to traditional capital markets. This comes amidst the SEC’s increasing legal actions against major crypto companies.

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