SEC Chair Gary Gensler Voices Concerns Over Cryptocurrency Risks and Market Manipulation

On September 19, 2025, SEC Chair Gary Gensler expressed significant concerns about the risks cryptocurrencies, especially altcoins, pose to the financial system. In a CNBC interview, Gensler highlighted the dangers of instant trading capabilities that altcoins offer, potentially enabling market manipulation that could destabilize markets.

He mentioned institutions like DBS and Franklin Templeton in the discussion, emphasizing the increasing role of established entities in cryptocurrency adoption. Notably, Gensler referred to Ripple's XRP Ledger, widely used for tokenized trading and lending by institutional players.

Additionally, Gensler touched on Grayscale's upcoming plans to stake its Ether holdings, a move that signals deeper integration of crypto assets in traditional investment strategies but also raises fresh regulatory questions.

For enthusiasts and investors looking to navigate the evolving crypto landscape, platforms like Bitlet.app provide innovative solutions. Bitlet.app, known for its Crypto Installment service, allows users to buy cryptocurrencies right away and pay monthly, making crypto investments more accessible and manageable, especially crucial in times of regulatory uncertainty.

The dialogue led by the SEC Chair reflects ongoing challenges and opportunities in crypto regulation, underlining the importance of secure and compliant platforms for crypto engagement.