US lawmakers have introduced a bill to remove Gary Gensler from his position as Chair of the SEC. The bill responds to what the representatives describe as a “long series of abuses” under Gensler’s leadership. In a recent press release from Congressman Tom...
From earlier, seemingly crypto-supportive stances to his current hardline approach, Gary Gensler’s journey traverses his dynamic narratives, confrontations with crypto giants, and the rumors that abound, offering a unique perspective. Disclosure: The views and opinions expressed here belong solely to the author and...
In a surprising twist to the ongoing regulatory battle between the Securities and Exchange Commission (SEC) and Binance, lawyers for the crypto exchange have alleged that SEC Chair Gary Gensler offered to serve as an advisor to Binance’s parent company in 2019. This...
SEC chair Gary Gensler, in a recent interview on CNBC, raised alarm over the alleged non-compliance of leading cryptocurrency exchanges, Binance and Coinbase, with U.S. securities laws. In a recent appearance on CNBC’s Squawk Box, Securities and Exchange Commission (SEC) chair, Gary Gensler,...
SEC Chair Gary Gensler‘s recent remarks on digital currencies have ignited a firestorm within the crypto community. Intermediaries for investment contracts are required to comply with securities laws & register with @SECGov. Instead, many crypto platforms are contending that their investment contracts are...
SEC Chair Gary Gensler testified before the House Financial Services Committee as Representative Bill Posey questioned him on the collapse of the crypto exchange FTX in November 2022. Gensler evasive on FTX Congressman Posey took over a conversation about how crypto companies mix...
Rep. Davidson plans to file legislation dismissing SEC chairman Gensler for overreaching his authority over cryptocurrency. The member of Congress in the United States proposed legislation to remove Gary Gensler from his position as head of the SEC. After the announcement, the US...
The U.S. securities and exchange commission (SEC) chairman, Gary Gensler, recently participated in a budget hearing for the fiscal year 2024, discussing the regulation of cryptocurrency markets and consumer protection. The meeting, held by the house committee on appropriations, subcommittee on financial services...
SEC Chairman Gensler has emphasized that specific tokens that utilize staking protocols may be classified as securities under US law due to the returns earned by their holders. On March 15, SEC Chair Gary Gensler reiterated that all proof-of-stake tokens and digital assets...
A recent report revealed that crypto exchange Binance allegedly maintained control over its American unit, which was said to operate independently from the international entity. Moreover, Binance reportedly courted Gary Gensler to be an adviser for the company long before Gensler became chairman of...