US SEC Chairman: Cryptocurrency industry won't be sustainable in the long run without investor protection
In an interview with CNBC on 27 September, Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), said, ‘Without investor protections or consumer protections (a series of regulations and measures), this industry [cryptocurrencies] won't be sustainable in the long term.’
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MoreData: If ETH falls below $3,341, the cumulative long liquidation intensity on major CEXs will reach $1.155 billions
Data: In the past 24 hours, total liquidations across the network reached $235 million, with long positions liquidated for $95.18 million and short positions liquidated for $140 million.
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