SEC Chair Gensler Speaks Out Again: Crypto Market Needs Stricter Regulation to Prevent the Next FTX

[Crypto World] SEC Chairman Gary Gensler has spoken out again recently. This regulatory heavyweight made it clear: the crypto market must have a stricter regulatory framework.

His reasoning is straightforward—as a way to prevent another catastrophic collapse like FTX. After all, when FTX blew up last year, many people lost everything, and the trust in the entire industry took a serious hit.

Gensler has always taken a tough stance on the crypto industry, and this statement is a continuation of his usual position. What kind of regulation does the market really need? This topic will likely continue to be debated.