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SEC Chair Gary Gensler says the US government will not ban cryptos

Gary Gensler, the Chairman of the US Securities Exchange Commission (SEC), has said the regulator does not plan to ban digital assets. Gensler made this comment on October 5 during a House of Representatives hearing after Republican lawmaker Tedd Budd asked whether the SEC could follow in China’s footsteps and impose an outright ban on […] The post SEC Chair Gary Gensler says the US government will not ban cryptos appeared first on Invezz. дальше »

2021-10-7 15:57


SEC Chair Gensler: SEC Will Not ‘Ban’ Crypto

U. S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated to Congress this week that the SEC has no plans to ‘ban’ cryptocurrencies. In a direct reply to North Carolina Congressperson Ted Budd regarding any considerations of banning crypto to promote a central banking digital currency, or CBDC, Gensler stated “no, that would be up to Congress. дальше »

2021-10-6 01:06


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Pro-crypto senator agrees that stablecoins must be backed by cash

The issue of whether or not stablecoins are safe to use if they are not backed by cash became a very hot topic recently after the SEC chair, Gary Gensler, first gave voice to the matter. Now, his views are seemingly mirrored by Cynthia Lummis, a well-known pro-crypto Republican Senator, indicating that Lummis shares Gensler’s […] The post Pro-crypto senator agrees that stablecoins must be backed by cash appeared first on Invezz. дальше »

2021-10-4 17:01


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SEC Chairman Warns $2 Trillion Crypto Market Isn’t Going To End Well If It Stays Outside The Regulatory Space

The cryptocurrency market is getting heated. September saw a lot of bearish events and has in return sparked a lot of debates on when proper regulation will hit the market. Amidst the ongoing conversation, the chairman of the Securities and Exchange Commission Gary Gensler recently touched on the issue at the Vox Media’s Code Conference […] дальше »

2021-10-4 14:49


SEC Chair Yet Again Signals Support for Bitcoin Futures ETF, But says Crypto “Certainly of A Size” to Have Same Safeguards as Banking

“A lot of people are likely to get hurt,” said Gary Gensler, asking crypto platforms that accepted funds from investors and offered returns to “consider the securities laws carefully.” The post SEC Chair Yet Again Signals Support for Bitcoin Futures ETF, But says Crypto “Certainly of A Size” to Have Same Safeguards as Banking first appeared on BitcoinExchangeGuide. дальше »

2021-10-1 22:01


US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America

Senator Pat Toomey of Pennsylvania said that China’s authoritarian crackdown on crypto should be taken as an advantage by the US.  To seize the opportunity, the US regulators need to change their “regulation-by-enforcement” ways, according to the Banking Committee Ranking Member, Toomey, who recently pressured the Securities and Exchange Commission (SEC) Chairman Gary Gensler to […] The post US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America appeared first on CryptoSlate. дальше »

2021-9-27 19:00


SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities

Gary Gensler says he’s not “negative or a minimalist about crypto,” rather standards established by Congress which can be changed by them “have a very broad definition of a security.” The post SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities first appeared on BitcoinExchangeGuide. дальше »

2021-9-15 16:20


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More Middlemen Needed in Crypto’s Middle: SEC’s Gensler Declares to the EU

Seated in front of a video connection on Wednesday, to the gathering of high-profile European Union (EU) diplomats, SEC chair, Gary Gensler delivered what would be his fourth appearance speech to the regional governing body, on issues such as predictive data analysis, digital engagement practices, issue disclosures, and of course, cryptocurrencies. In his introductory remarks […] дальше »

2021-9-12 13:23


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. дальше »

2021-9-1 16:37


Bloomberg and Galaxy Digital Launches DeFi Index; SEC Chair Gary Gensler says DeFi is “A Bit of A Misnomer”

Bloomberg and Galaxy Digital have collaborated to launch the Bloomberg Galaxy DeFi Index (ticker: DEFI). The benchmark owned and administered by Bloomberg Index Services Limited and co-branded with Galaxy will measure the performance of the largest decentralized finance (DeFi) protocol by market value. дальше »

2021-8-20 20:02