SEC Chair Gensler will face the Senate Banking Committee tomorrow to argue, again, that crypto falls under the agency’s jurisdiction.
will face the Senate Banking Committee tomorrow to adamantly propose, again, that many cryptocurrencies fall under the agency's jurisdiction.
Gensler, who is set to appear on Tuesday morning at a hearing, appears persistent in arguing that crypto has to abide by the same laws as other securities like stocks, weeks after the agency has seen some setbacks in the courts. "Given this industry's wide-ranging noncompliance with the securities laws, it's not surprising that we've seen many problems in these markets. We've seen this story before.
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