Earlier this week, the Securities and Exchange Commission Chair Gary Gensler said that cryptocurrency investors need more protection. On Tuesday, Gensler, in his prepared remarks to the Aspen Security Forum, asked lawmakers to give his agency more power.
Right now, we just don’t have enough investor protection in crypto," said Gensler. "Frankly, at this time, it’s more like the Wild West.”
So, what does Kenny Polcari, managing partner at Kace Capital Advisors, think about Bitcoin and regulation?