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SEC Chairman Gary Gensler offered detailed insight into the cryptocurrency market and a potential path to regulation in a conversation with the Washington Post.

SEC Chairman Gary Gensler, speaking to the Washington Post, offered multiple thoughts on the cryptocurrency market. The interview, titled “The Path Forward: Cryptocurrency with Gary Gensler,” goes into detail about matters that range from regulation to volatility. On the whole, the impression from the speech is yet another strong call for regulation focused on investor protection.

Washington Post columnist David Ignatius opens the conversation by asking Gensler about the market’s shedding of value in the past few days. While it is hard to be certain about correlations, bitcoin’s drop has been occurring alongside a drop in global markets, spurred by news of a potential Evergrande default. Gensler says that cryptocurrencies are highly speculative and that this mostly affects the uninformed investor who puts capital in.

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