U.S. Securities and Exchange Commission Chair Gary Gensler says crypto markets will not end well without regulation.

I think he is on the wrong track here. Why will they end?

More:

  • unlikely that thousands of cryptocurrencies can all compete

He's right on this, any even cursory glance at economic history will tell you this.

Anyways, BTC has had a drop in the past hour or so.

U.S. Securities and Exchange Commission Chair Gary Gensler says crypto markets will not end well without regulation.