<p><span>Thank you. It’s good to be back with the Investor Advisory Committee (IAC) again. As is customary, I’d like to note that my views are my own, and I’m not speaking on behalf of the Commission or SEC staff.</span></p>
Mr. Gensler reported that the crypto asset class has a $2.6 trillion aggregate market capitalization, making it necessary that this asset class be subject to public policy frameworks that protect investors and financial stability and prevent illicit activity.