The post SEC Chair Gensler Criticizes FIT21 Act, Citing Investor Protection Risks appeared first on Coinpedia Fintech News On Wednesday, U.S. Securities and Exchange Commission Chair Gary Gensler criticized the proposed Financial Innovation and Technology for the 21st Century Act, or FIT21 Act, which aims to overhaul the cryptocurrency industry’s regulatory framework. Gensler warned that the proposed bill could undermine decades-old investor protections and create major regulatory gaps. Let’s examine Gensler’s key concerns. …