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SEC chief Gary Gensler says crypto will only become mainstream if clear rules are in place, as he plans tighter regulation

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SEC Chair Gary Gensler said crypto will only take off if there are clear rules around the market.
He said investors need more protection from fraud and suggested he wants to focus on crypto exchanges.
Gensler said the SEC is looking at at least seven crypto areas including DeFi, stablecoins and ETFs.

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