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Gensler, Clayton contend that crypto regulatory challenges will abate as the industry consolidates

Chair of the Securities and Exchange Commission Gary Gensler and former chair Jay Clayton both say they see a productive future for crypto, but only in an “environment of trust.” That path to regulation will become easier as the space centralizes and consolidates, according to the two chairs. The two met for a fireside chat at Solidus Labs’ and CryptoCompare’s DACOM conference. During their time, Clayton pressed Gensler on previous comments comparing crypto to the Wild West. Gensler reiterated that …