US SEC Chairman Gensler said that our rules must be updated and reformed because apps encourage trading. We are concerned about the order payment process and market structure; disclosure alone may not be enough; we are awaiting advice from employees on derivatives and leverage issues.

We need more protection for investors when it comes to crypto tokens.If Congress thinks it's appropriate to act on crypto tokens, we'll work with them.

It also said that we need to update the rules to ensure that social media is not used to manipulate the market.