In recent statements, Gary Gensler, Chairperson of SEC Securities Exchange Commission, has strongly urged that stricter regulations be put into action within the cryptocurrency market to ensure maximum protection of investors from potential risks. Gensler emphasized the importance of regulatory oversight to safeguard investors against potential risks in the cryptocurrency
On Thursday, Gary Gensler, the Chairperson of the U.S. Securities and Exchange Commission (U.S. SEC) has given a speech regarding certain critiques that SEC is been doing in order to protect investors. However, he condemns that the crypto industry is full of ‘hucksters, fraudsters, and scam artists’ which left the
Good Gensler (GENSLR), the cryptocurrency known as the memecoin of Gary Gensler, has shown a massive increase in recent days. Good Gensler has witnessed a 125.82% increase in the last seven days. Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has become the talk of the crypto
In a shocking turn of events, SEC Chair Gary Gensler faces accusations of a potential dual role involving his relationship with Binance. Lawyers representing Binance and its founder Changpeng Zhao have alleged that Gensler, currently taking strong actions against the crypto world had offered to serve as an advisor to
In a recent development, Gary Gensler, the current chairman of the US Securities and Exchange Commission (SEC), has been accused of putting American investors at risk by failing to clarify digital assets rules. Gensler has come under fire for his lack of transparency on the matter, with critics suggesting that
Cryptocurrency exchange Bittrex is facing potential action from the US Securities and Exchange Commission Following plans to close its local operations. According to David Maria, the firm’s general counsel, the Securities and Exchange Commission’s enforcement team notified Bittrex in March. That is, it would suggest that the agency prosecute the
In an interview, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), discussed cryptocurrency regulation and the demise of cryptocurrency exchange FTX. The chairman explained that investors suffer when cryptocurrency exchanges “mix up a bunch of customer money” without disclosure and “leverage borrowing against it,” without saying
The SEC chair stated that new technologies can help to create new types of economic contests. Gensler’s remarks on the rise of centralization in the crypto ecosystem. Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), criticized what he believed to be the excessive control held in the
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
