As per Gensler, the control over stablecoins will reduce the risk to the financial system. Gensler says the CFTC lacks the direct authority to impose regulations over stablecoin issuers. According to Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), the U.S. Congress should give more authority
U.S SEC disapproves of BTC spot ETFs. However, BTC Futures ETFs have been approved by the SEC . Congressmen vividly fought back questioning Gary Gensler, the chairman of the U.S SEC. The Exchange-Traded Fund (ETF) is one of the most sorted out investments in regards to the stocks. In such
The worst feared enemy of the entire crypto industry is not the market crashes or other events. However, the Securities and Exchange Commissions are the worst to fear, not only by the crypto exchanges but also by the entire crypto industry. In spite of announcing that it’s there only for
