Gensler’s approach toward crypto appears skewed as criticisms mount By Cointelegraph

Since taking over at the United States Securities and Exchange Commission (SEC), chairman Gary Gensler has repeatedly been referred to as the “bad cop” of the digital asset industry. To this point, over the past 18 months, Gensler has taken an extremely hard-nosed approach toward the crypto market, handing out numerous fines and enforcing stringent policies to make industry players comply with regulations.

However, despite his aggressive crypto regulatory stance, Gensler, for the most part, has remained mum about several key issues that digital asset proponents have been talking about for a long time. For example, the SEC has still failed to clarify which cryptocurrencies can be considered securities, stating time and again that most cryptocurrencies in the market today could be classified as such.