Gary Gensler was the Chairman of the U.S. Securities and Exchange Commission (SEC). According to the article you mentioned, Gensler has indicated that the SEC will not change its attitude toward crypto exchanges, and will continue to regulate them in accordance with existing securities laws and regulations.
The SEC has been taking a close interest in the cryptocurrency industry in recent years, and has issued a number of warnings and enforcement actions against companies and individuals involved in cryptocurrency-related activities. This has led to concerns among some in the cryptocurrency community about the potential impact of SEC regulations on innovation and growth in the industry.
Gensler's comments suggest that the SEC will continue to take a cautious and measured approach to regulating the cryptocurrency industry, in order to protect investors and ensure the stability and sustainability of the financial system. This is in line with the SEC's broader mission to promote transparency, accountability, and fairness in the securities markets.
(by Dimitar Dzhondzhorov)
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