Cryptocurrency Analysis and News Portal
Gary Gensler, the United States Securities Exchange Commission (SEC) chair, recently appeared before the U.S. House of Representatives Financial Services Committee for a hearing regarding his leadership of the regulatory agency. The hearing, with Gensler as the only witness, promised to be unpleasant for the SEC chair, with the federal agency’s
Read More
Another swipe has been taken at the crypto industry by the chair of the United States securities regulator, who claimed many crypto platforms are operating in violation of securities laws.In an April 27 tweet, Securities and Exchange Commission (SEC) chair Gary Gensler shared a 4-minute video of himself describing
Read More
“The lack of compliance by these crypto platforms means that you don't have basic investor protections,” Gensler said in his “Office Hours” video series. “These are things like rulebooks and surveillance to prevent fraud and manipulation. Or appropriate custody and segregation of customer assets, so they don't get misused or
Read More
Top Stories This Week Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally” trained its artificial intelligence on
Read More
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s regulatory actions say
Read More
Over the course of the marathon hearing, Gensler fended off questions about whether his agency was pushing too hard on proposed rules, providing too little time for public feedback on these rules, how it was approaching crypto companies hoping to operate in the U.S. and a host of non-crypto questions,
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SEC Chair Gary Gensler testified before the House Financial Services Committee as Representative Bill Posey questioned him on the collapse of the crypto exchange FTX in November 2022. Gensler evasive on FTX Congressman Posey took over a conversation
Read More
In a February interview with New York Magazine, Gary Gensler, chairman of the United States Securities and Exchange Commission, said that just about every crypto transaction, with the exception of Bitcoin spot transactions and buying or selling things
Read More
Securities and Exchange Commission (SEC) chair Gary Gensler could be facing unemployment after United States Representative Warren Davidson declared he would introduce legislation to fire the SEC boss.In an April 15 tweet responding to Coinbase’s legal chief, Paul Grewal, the crypto-friendly Representative announced his intention to have Gensler removed from
Read More
Crypto-friendly Congressman Tom Emmer has slammed U.S. Securities and Exchange Commission (SEC) chair Gary Gensler for his approach to cryptocurrency regulation, labeling him as a “bad faith regulator.”Great interview by @laurashin with @GOPMajorityWhip! Congress is working in their districts this week and next, but expect a VERY busy last 2
Read More