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Seeking Alpha 2021-09-24 14:36:44

The Future Of Cryptocurrencies

Gary Gensler, Chairman of the Securities and Exchange Commission is making some very strong statements about how much of the cryptocurrency world should be treated.The fact is that financial innovation is going to dominate the near future and the United States must create an environment that will allow innovation to take place.Analysts are afraid that the stance that Mr. Gensler is taking will lead to driving most innovation in the area of digital finance and cryptocurrencies elsewhere in the world.Innovation in digital finance is going to take place and the U.S. must accept this and support and oversee this evolution within the American banking and financial system.

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