Gary Gensler Opposes Crypto Bill: Decades of Work at Risk

The discussion for cryptocurrency is getting hotter as the elections draw nearer, and SEC chairman Gary Gensler expresses his apprehension about FIT21. This new legislative document is set to be tabled before U.S. House Representatives tomorrow. Gensler heavily faults FIT21, saying that if implemented, it will sideline SEC and hurt the $100 trillion capital markets…

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Gary Gensler Addresses Ethereum ETF Question: Security or Commodity?

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), reiterated his stance on cryptocurrencies during a recent television appearance. When asked about Ether ETFs, he stated, “These requests are currently under consideration… A 5-member commission will make a decision,” yet he refrained from disclosing further details. Similar Remarks on Cryptocurrencies In light…

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SEC Chairman Gary Gensler Addresses Concerns Regarding Registration of Crypto Securities Market

In a recent address, the Chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, shed light on a pressing issue within the realm of cryptocurrency securities. Gensler articulated that certain entities operating in the crypto securities market are endeavoring to circumvent registration mandates. As a result, this maneuver, he underscored results in…

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SEC’s Former President on Bitcoin ETF: A Decisive Moment

Jay Clayton, the former president of the U.S. Securities and Exchange Commission (SEC), resigned recently. However, just days before his resignation, he filed a lawsuit against Ripple in December 2020. In a recent online interview, Clayton shared insights on the agency’s potential approval of Bitcoin spot ETFs this week. Moreover, he expressed his belief that…

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SEC Chairman Gary Gensler Addresses Senate Banking Committee: What’s on the Agenda?

Amid the ongoing scrutiny of Bitcoin (BTC) and cryptocurrencies by the SEC, Chairman Gary Gensler is set to testify tomorrow before the Senate Banking Committee on the topic of “Oversight by the U.S. Securities and Exchange Commission.” Gensler’s Upcoming Testimony Gary Gensler took to Twitter to announce that on September 12, 2023, at 10:00 AM…

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