SEC Chairman Gary Gensler spoke to CNBC about cryptocurrencies.

SEC Chairman Gary Gensler spoke to CNBC about cryptocurrencies.

Many cryptocurrencies are securities under the law. However, investors are not provided with the explanations they need. Cryptocurrencies continue to be a significant part of fraud, fraud and problems in general

SEC Chairman Gary Gensler discussed cryptocurrencies following the Robinhood move. Soon SEC sent a Wells Notice to the US-based cryptocurrency platform Robinhood. While the SEC-Robinhood move remains high on the agenda, SEC Chairman Gary Gensler spoke to CNBC's Andrew Sorkin. Answering questions, Gensler said:

Many cryptocurrencies are securities under the law. However, investors are not provided with the explanations they need.

Cryptocurrencies continue to be a significant part of fraud, fraud and problems in general.

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