Online reports, agencies reported that before the Trump administration came to power and its enthusiasm for digital assets, SEC Chairman Gensler was lobbying for the last time to allow the agency to regulate the cryptocurrency market. In a speech prepared for a legal conference in New York on Thursday, Gensler reiterated that the agency should focus on the "rules of the road" that apply to cryptocurrency sales and intermediaries such as brokers and exchanges to support appropriate disclosures. Gensler said the experience of the Great Depression had made policymakers realize "the importance of disclosure clauses because information about securities created a public good."