Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), declared at the end of 2021 that his agency should oversee transactions involving digital currency. According to him, securities regulations can be used to control these transactions. Gensler changed his position last...
The US Securities and Exchange Commission’s Chair says operators that implement transactions with crypto assets need to register with regulators similar to other markets. Gary Gensler finds that these operators execute various services supervised by the SEC, like exchange, brokerage, custodian,...
Gary Gensler, the Chairman of the US SEC says there isn’t any reason to treat the cryptocurrency market in a different way than other capital markets only because it relies on different technology. According to the Wall Street Journal, Gensler mentioned the importance of investor protection,...
SEC chairman Gary Gensler said in a recent interview with Yahoo Finance that the agency has a disclosure regime, according to which crypto lending and trading companies need to communicate with the SEC. He also mentioned that regulators can tailor disclosure rules. Gensler noted that maybe not all...
The Chair of the Securities and Exchange Commission, Gary Gensler said in a recent interview that Bitcoin is the only crypto that he's comfortable calling a commodity. While discussing potential regulations over crypto and crypto-backed ETFs with CNBC Squawk, Gensler mentioned that cryptos are...
According to the Chairman of the Securities and Exchange Commission (SEC) Gary Gensler, it is possible to regulate the cryptocurrency market using the existing securities legislation. This week, Gensler commented on the collapse of the UST stablecoin. The head of the SEC predicts that in the near...
SEC Chair Gary Gensler criticized crypto exchange platforms, saying some of them have rules that may be against their customers. In a recent interview with Bloomberg, he said that the agency is examining most of the digital assets and trading venues and finds they should register with the...
The chair of the US SEC, Gary Gensler said that platforms offering crypto trading services will be a primary focus of the agency. Bloomberg informs that during a recent virtual conference, Gensler said that he had asked the staff to get crypto exchanges inside the investor protection area and look...
The US SEC chair Gery Gensler was asked whether he finds Ethereum is a security or not during a recent Squawk Box program. To the question of his views on Ether and XRP, which the regulator argues is security, Gensler said that he wasn't going to speak about a certain project during a public forum....
The head of SEC, Gary Gensler, periodically declares the need to increase the transparency of the cryptocurrency market and ensure the safety of traders. According to him, the Securities and Exchange Commission should control the blockchain industry. To protect investors, the SEC is ready to follow...
Bitcoin is viewed by many in the American establishment as a threat to the country's economy. Recently, Hillary Clinton, who served as head of the State Department in the Barack Obama administration, said that digital currencies undermine the dominant position of the dollar in the global financial...
As SEC Chair Gary Gensler makes attempts to regulate the crypto sector, he faces opposition from congressmen supporting crypto. Senator Tom Emmer, a representative from Minnesota says Gensler is accountable for how his leadership can damage crypto investors in America. He also finds that the SEC...
When Gary Gensler took over as head of the SEC, many expected him to legalize Bitcoin ETFs. However, until now, the American regulator under the leadership of Gensler has not approved a product focused on the cryptosphere. Analysts note that the slowness of the SEC is preventing institutional...
In a recent interview with the Washington Post, Securities and Exchange Commission Chairman Gary Gensler reiterated the need for an early regulatory framework for the cryptocurrency industry. According to the head of the SEC, the US authorities will be able to apply the law on securities to this...
Gary Gensler, who serves as chairman of the Securities and Exchange Commission (SEC), has repeatedly pointed out the need to regulate the cryptocurrency industry. For example, in early August, he announced that decentralized platforms deployed in the DeFi market could be controlled through mutual...
On September 14, the chairman of the US Securities and Exchange Commission, Gary Gensler stated his opinion related to the crypto sphere before a Senate committee. According to him, major crypto exchanges should register as securities exchanges. The Senate Banking Committee issued Gensler's...
Gary Gensler, who is the head of the Securities and Exchange Commission (SEC), has repeatedly stated the need for the gradual implementation of legislation governing relations in the cryptocurrency industry. According to Gensler, the regulatory framework will ensure the protection of investors and...
According to Gary Gensler, who heads the SEC, not all projects deployed in the DeFi market are decentralized. Many of them are completely centralized, the official stressed. At the same time, Gensler acknowledged that most of the protocols are indeed decentralized. It is on them that the DeFi...