The collapse of TerraUSD and LUNA at every opportunity cryptocurrency It gave birth to those who criticize the units.
First, US Treasury Secretary Janet Yellen stated that stablecoin regulation should be removed urgently, citing the collapse of the IHR.
Gary Gensler, Chairman of the US Securities and Exchange Commission, spoke today.
Referring to what happened at Luna and the UST, Gensler said:
“Crypto-related events in recent weeks have shown us once again how important it is to protect investors on the speculative asset frontier.”
Gensler, who supports innovation in cryptocurrencies but states that investor protections are insufficient due to legal deficiencies at every opportunity, once again stated this approach.
These statements are accepted as preliminary signals of a possible legal regulation that may come in 2022.
Shortly after Gensler, another comment on cryptocurrencies came from FED member Neel Kashkari. Thinking that crypto crashing now would be better than crashing in 5 years, Kashkari said:
“Cryptocurrencies crashing now may be better than crashing 5 years from now. This way, fewer people’s money will be at risk.”
Declining to $29800 after the explanations bitcoin it rose above $30,000 again.