Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), advised US military personnel to avoid cryptocurrencies.
Gensler via Twitter on January 11th. in a broadcastUS army personnel investment advice at your request dollar and euro He replied that everything else was useless. Gensler in the army cryptocurrencies When he learned of the existence of personnel looking for alternatives such as “Wild West” by describing them be careful warned about.
on the SEC side gens and SEC Commissioner by Caroline Crenshaw from the US army in the broadcast he participated in Sergeant Lawrence Holmes at existed. Among Holmes’ staff to cryptocurrencies growing interest in increased Gensler made the following statements:
The cryptocurrency market is literally the wild west, most of the 10,000 or 15,000 tokens will fail. History clearly tells us that there is not much room in the market for microcurrencies. With the US dollar and the euro, many of the remaining currencies seem redundant.
on the other hand transparency and rapport On the issue, Gensler states that most of the cryptocurrencies securities but to comply with securities laws that they rejected he warned. Gensler’s industry of scams increasingly busy upon noting that Crenshaw, cryptocurrencies transparent they are what they claim, blockchain those on some are transparent but others only they seem transparent underlined.
Even if the staff wants to invest in crypto assets, Crenshaw said. share in their portfolio on to think carefully stressed the need.