Lots of crypto news is coming from all corners of the U.S. government this week.
The U.S. Securities & Exchange Commission (SEC) continues to work on regulatory infrastructure for the crypto industry.
Meanwhile, Congress is grilling the SEC about its efforts and struggling to push through its own legislation.
The U.S. government is rapidly expanding its influence over the crypto industry as we know it. Of course, there’s plenty of legislation on the way. But even outside of Capitol Hill, there are bodies investigating the industry, chasing criminals within it and holding other bodies accountable for their roles. This week in particular is heavy with U.S. crypto news.
U.S. Securities & Exchange Commission (SEC) chair Gary Gensler is comfortable taking on a “heel” role to the crypto world. Gensler concerns himself with the average investor — those who are at real risk if their investments fail in any way. Last week, the SEC chair spoke on crypto legislation; Gensler says...
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