SEC's Gensler Signals No Interest in Crypto Ban

The transcript discusses China's bans on various cryptocurrency activities since 2013, including mining and exchanges, and questions whether the SEC plans to implement similar bans. The SEC's approach is different, focusing on investor protection and working with bank regulators. The discussion also covers financial stability, tax compliance, and the classification of tokens as securities under the SEC's authority.

What is the SEC's stance on implementing bans similar to those of China?

What criteria do many tokens meet according to the SEC, and how does this relate to investor protection?