According to Foresight News, US Securities and Exchange Commission (SEC) Chairman Gary Gensler stated in a speech that some participants in the crypto securities market are attempting to avoid registration requirements. He emphasized that a lack of registration means no mandatory disclosure, and many would agree that the crypto market could use some disinfectant.
Gensler's comments highlight the ongoing concerns surrounding the regulation and transparency of the rapidly growing cryptocurrency market. As the market continues to expand, regulatory bodies like the SEC are working to ensure that proper registration and disclosure requirements are met to protect investors and maintain market integrity.