Gensler Slams Crypto Industry for Proliferating Fraud

2024-10-10 09:10

Gensler has repeatedly stressed that the crypto industry is rife with scams origin »

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Ripple CEO Criticizes US SEC Chairman Amid Efforts To Integrate Crypto And White House Policies

Amidst ongoing broader efforts to align the cryptocurrency space with the White House policies, Ripple Chief Executive Officer (CEO) Brad Garlinghouse has publicly criticized the United States Securities and Exchange Commission (SEC) chairman Gary Gensler, underscoring the tensions between the digital asset industry and government regulators.

2024-7-11 13:30


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SEC Chief Gary Gensler Misled Congress On Ethereum, Says Crypto-Friendly Rep. Patrick McHenry

Rep. Patrick McHenry, a staunch advocate for the crypto industry, joined the escalating warfare between U. S. financial regulators and the cryptocurrency sector on April 30, accusing Securities and Exchange Commission (SEC) Chairman Gary Gensler of having “knowingly misled Congress” on the commission’s position on Ethereum.

2024-5-6 23:47


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McHenry slams Gensler for misleading Congress about Ethereum’s classification

House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023. The accusation comes amid escalating tensions over the regulatory approach to digital assets in recent months, with some industry participants filing lawsuits against the watchdog for overstepping its […] The post McHenry slams Gensler for misleading Congress about Ethereum’s classification appeared first on CryptoSlate.

2024-4-30 21:39


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US banking groups lobby SEC for rule change to enter Bitcoin ETF market

Multiple US banking groups are seeking inclusion in the Bitcoin exchange-traded funds (ETFs) landscape, prompting a request for a rule change to facilitate their participation. In a Feb. 14 letter to SEC Chair Gary Gensler, a coalition comprising the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the […] The post US banking groups lobby SEC for rule change to enter Bitcoin ETF market appeared first on CryptoSlate.

2024-2-17 15:45


SEC Chair Says $2.2T Crypto Industry Is At A Level That It Must Be Within A “Public Policy Framework”

According to Gary Gensler, who is set to testify before the European Parliament’s Committee on Economic and Monetary Affairs on Wednesday regarding crypto, DeFi isn’t really a new concept. It has “a fair amount of centralization” as such regulators can exercise authority over these decentralized platforms.

2021-9-1 16:37


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SEC Chairman on crypto: Investor protection needs to be top priority

The issue of regulating cryptocurrencies has been something that the crypto industry has been looking forward towards for a very long time. Unfortunately, it never did come to pass, as of yet. But, the US SEC now has a new chairman, Gary Gensler, who is extremely familiar with crypto, being an MIT professor who taught […] The post SEC Chairman on crypto: Investor protection needs to be top priority appeared first on Invezz.

2021-5-9 10:43


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How Janet Yellen’s Position As Treasury Secretary Will Shape The Crypto Industry

The United States has recently welcomed some new members into different government positions, alongside its new President Joe Biden. But two roles; the role of the SEC chairman, (a position which is to be handled by Gary Gensler) and the role of Treasury Secretary (which has now been handed over to Janet Yellen) stand out […]

2021-1-28 16:57