“I have great faith in crypto technology,” said Jay Clayton, former SEC Chairman, who was appointed by Donald Trump in 2017.
During his tenure as SEC Chairman, bitcoinwho say they see it as a tool of value Jay Claytonshared his views on cryptocurrencies in an interview he gave to CNBC’s Squawk Box show, which he recently attended.
Jay Clayton, who also stated what kind of regulations should be in the future in the crypto field, said, He has great faith in crypto technology, that cryptocurrencies serve countless purposes and are also connected to various industries. stated.
Gery GenslerWhen asked whether .
“Crypto are products with a wide variety of functions, and the rules of our financial system are clear and long-term. If you are raising capital for a project, you must register your capital increase with the SEC. If you’re trading securities, it has to be in a registered location, but there are many crypto industries such as stablecoins that are not securities and are outside the scope of the SEC.”
Clayton also noted that appropriate regulations should be introduced to cryptocurrencies.