The post SEC Chairman Gensler Warns that A Lot of Crypto Tokens Will Fail, Here’s Why appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
Chairman of the Securities and Exchange Commission Gary Gensler voiced concern on Wednesday that the implosion of cryptocurrency terra (LUNA) and stablecoin terra(UST) will hurt additional crypto investors. After a hearing before the House Appropriations Committee, he informed reporters: “I think a lot of these tokens will fail … I fear that in crypto… there’s …