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SEC Chair Gensler Insists Crypto “Regulations Already Exist” Ahead of Hearing

Published 03/30/2023, 10:10 AM
Updated 03/30/2023, 10:30 AM
SEC Chair Gensler Insists Crypto “Regulations Already Exist” Ahead of Hearing

  • The SEC chair, Gary Gensler, will answer questions on his crypto regulation at an April hearing.
  • Ahead of that hearing, Gensler has stuck to his guns on the current legal framework for crypto.
  • Gensler is blaming crypto and the ‘Wild West’ ecosystem it operates in.

Ahead of that hearing, Gensler testified at the House Appropriations Subcommittee on Financial Services and General Government on Wednesday, March 29. When questioned about issuing rules to clarify how securities law applies to digital assets, the chair was adamant.

“The regulations...

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Latest comments

Get rid of him he's part of the problem. No one else on earth thinks regulation exists besides him
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