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SEC Chief Reiterates Call for Cryptocurrency Regulation
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investopedia.comWhen Securities and Exchange Commission (SEC) Chairman Gary Gensler took up his current position back in April, the crypto industry expected a change in the federal agency’s stance—which was hostile during his predecessor's tenure—toward cryptocurrencies and digital assets. He has disappointed them.
Not only has Gensler outlined new concerns and called the industry «a Wild West»—he has also used every available opportunity to press his case for bringing the industry under his agency's oversight.In his testimony before the Senate Banking Committee on Tuesday, the SEC chief again reiterated those issues and made the case for bringing the recalcitrant industry under his watch.
Most of Gensler's assessments about the state of affairs in the
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