SEC promises Crypto crackdown

aka, “increased regulation”, according to CoinQuora. About a one minute read.

Comment: Ok, unlike many other bureaucrats Gensler is knowledgeable about Crypto so his appointment to SEC was welcome. To some extent. And yes, there are lots of excesses in Crypto, but most arise due to idiots who try alt coins because “Bitcoin is too expensive”. What an absurd argument, there are 100M Satoshis in one Bitcoin. You can purchase one dollars worth of Bitcoin or one entire Bitcoin, it’s up to you. Oh and his idea of “increased regulation”. Yeah, sure. We have a significant lobbying presence on Capital Hill now, so good luck with that one.