Gary Gensler Issues Altcoin Warning, Says Memecoins and ‘Sentiment Tokens’ Likely To Lose Public’s Interest

The former Chair of the U.S. Securities and Exchange Commission (SEC) Gary Gensler is warning that the future of non-Bitcoin (BTC) crypto assets is looking bleak. In a new interview on CNBC’s Squawk Box, Gensler says that most altcoins lack solid economic fundamentals and are almost entirely propped up by sentiment, putting them at high […]

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