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Thursday, May 1, 2025

SEC chair Gensler holds tight to his crypto position in preview of Senate testimony - Cointelegraph

United States Securities and Exchange Commission chairman Gary Gensler is scheduled to testify before the U.S. Senate Committee on Banking, Housing, and Urban Affairs in a hearing titled “Oversight of the U.S. Securities and Exchange Commission” on Sept. 15. The transcript of his speech was released in advance.
Gensler called securities laws a “gold standard” of capital markets. In his 13-page comprehensive discussion of those markets, crypto markets took up about a page and a half, including footnotes.
Per a @BankingGOP aide on @GaryGensler Thursday hearing: "Expect @SenToomey and @BankingGOP to argue that Chairman Gensler’s pursuit of a highly politicized liberal policy agenda has distracted him from fulfilling the @SECGov core mission of protecting investors, maintaining
— Eleanor Terrett (@EleanorTerrett) September 13, 2022
Gensler restated his belief that most cryptocurrencies are securities. Since that is so, he has asked SEC staff to “work directly with entrepreneurs to get...



Read Full Story: https://cointelegraph.com/news/sec-chair-gensler-holds-tight-to-his-crypto-po...

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