Crypto’s Wild West Days May be Coming to an End

By Rob Lenihan SEC Chair Gary Gensler makes an important call for the future of cryptocurrencies. Joseph Kennedy, the first Securities and Exchange Commission Chairman, lived by simple credo: “No honest business need fear the SEC.” Bear in mind, Kennedy was not a popular choice for the commission’s top spot, with future SEC Chairman Jerome Frank saying the appointment was “like setting a wolf to guard a flock of sheep.” Gary Gensler, the current SEC chair, recalled Kennedy’s line about honest businesses during a Sept. 8 address about cryptocurrency. ‘Working With Congress'”Nothing about the cr…