US SEC Chair Gary Gensler May Run For Maryland Senate Seat
In what could be a monumental shift in the regulatory state of affairs in the US crypto market, the US Securities and Exchange Commission (SEC) could have a new Chairperson at the helm in 2024.
Crypto Industry Is 'Absolutely' at War Against Gensler, Warren, Blockchain Association CEO Smith Says
The crypto industry is "absolutely at war" against policy and lawmakers in the U.S., particularly against Securities and Exchange (SEC) Chairman Gary Gensler and Senator Elizabeth Warren (D-Mass.), Blockchain Association CEO Kristin Smith said.
US SEC’s Gensler Releases Another Video Dig at Crypto Industry
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler took his crypto-critical message to the web again with a new investor-protection video Thursday cautioning people about digital assets businesses that are breaking securities laws.
SEC Chairman Gary Gensler's Dog-Goldfish Analogy Draws Criticism from Crypto Community
Gensler compared crypto platforms offering "investment contracts" to walking a dog without a leash and calling it a goldfish to avoid legal issues.
Gary Gensler Links Crypto With Cash in Viral 2018 Video — Crypto Twitter Reacts
The head of the US Securities and Exchange Commission (SEC), Gary Gensler, is facing criticism from the crypto community after a 2018 video emerged of him stating that cryptocurrencies are not securities, but commodities or cash. Gensler made the comments during a class he taught at MIT, but some now argue that his views have changed since he took on his current role. While some have defended Gensler, others have called for him to explain the change in his opinion, with one crypto trader asking when someone will be arrested for fraud.
Gary Gensler Gets Rare Support On Crypto From Former SEC Chair
Former SEC Chairman Jay Clayton has come under criticism for supporting Gary Gensler over crypto token classification. Clayton argued that courts are not an efficient way to resolve classification issues around securities and commodities, and that many cryptocurrencies currently appear to be securities. He also said that securities can eventually become commodities, but early investors in crypto projects are currently benefiting from a first mover advantage. Clayton's comments followed Gensler's failure to answer whether Ethereum is a security or commodity during a recent House Financial Services Committee hearing. The crypto community criticized Clayton's comments, as they had hoped legal proceedings would clarify regulatory issues. Meanwhile, US regulators are facing more pressure after the European Union passed the Markets in Crypto-Assets (MiCA) regulation, the first comprehensive rules for digital crypto asset service providers.
Gary Gensler: The SEC Will Not Change its Attitude Toward Crypto Exchanges
Gary Gensler was the Chairman of the U.S. Securities and Exchange Commission (SEC). According to the article you mentioned, Gensler has indicated that the SEC will not change its attitude toward crypto exchanges, and will continue to regulate them in accordance with existing securities laws and regulations.
SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), refused to state whether ether, the second-largest cryptocurrency by market cap, is a security during a hearing before the House Financial Services Committee. Gensler's appearance was his first in over a year and he fended off questions about proposed rules, public feedback, and how the SEC was approaching crypto companies hoping to operate in the US. He refused to say whether ether was a security, stating that it depended on the facts and the law. The lack of a definitive answer was seen as a positive sign for the industry by some.
SEC Chair Gensler Gets Grilled by House Financial Services Committee Republicans
SEC Chair Gensler faced Republican criticism over digital asset regulation in a House Financial Services Committee hearing on April 18. The Republicans accused the SEC of applying an ill-fitting NSE framework to digital assets and called for clear rules to foster innovation and protect investors. Gensler stressed most crypto tokens were securities and emphasized the importance of compliance with securities laws. Republicans criticized Gensler's rushed rulemaking process, unclear guidance on Ethereum's classification, and lack of knowledge about FTX's operational details. They accused him of incompetence and failure to protect investors.
SEC’s Gary Gensler Says He Has Never Owned Crypto
Securities and Exchange Commission (SEC) chair Gary Gensler stated that he has never owned cryptocurrency or digital assets during an April 18 hearing.
