crypto-skeptic

United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army. On Jan. 11, the U.S. Army hosted its first Twitter Spaces event of 2023, with Gensler and SEC commissioner Caroline Crenshaw joining the discussion to provide financial advice on how and where U.S. soldiers should invest their money. https://t.co/oRjE3pDc8C — U.S. Army (@USArmy) January 11, 2023 Sergeant Lawrence Holmes noted “there are soldiers that look for those alternative investments [such as] crypto assets,” asking the pair what risks there were to crypto investing. “It’s the Wild West,” Gensler answered, adding that “most of these 10,000 or 15,000 tokens will fail.” “History tells us there’s not much room for micro currencies...