SEC Chair Gary Gensler defended his agency’s strategy to hold the sector to existing laws, rather than write a raft of new regulations for the troubled sector
SEC Chair Gary Gensler defends strategy to hold the sector to existing laws, rather than write new rules
As the crypto industry struggles in the wake of FTX’s collapse, the question of how the SEC will react is unanswered. Here’s what past investigations tell us about how the SEC sees cryptocurrency and may regulate it moving forward. Illustration: Ali LarkinSecurities and Exchange Commission Chair Gary Gensler is pushing to hold the cryptocurrency firms to the same rules that apply to stocks and bonds, rather than write a raft of new regulation for the troubled sector.
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