House passes bill to create new cryptocurrency framework despite pushback from Securities and Exchange Commission Chair Gary Gensler

The House of Representatives on Wednesday passed a bill that would create a new framework for when virtual currencies should be regulated by the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). The House passed the 21st Century Financial Innovation and Technology Act (FIT 21) by a vote of 279-136, despite […]
New court filings show SEC, Chair Gensler believed ethereum was a security for at least a year

FOX Business’ Charlie Gasparino explains the political and market implications of ConsenSys, the backer of the Ethereum blockchain, suing the SEC over its security status. Exclusive: For at least a year, the Securities and Exchange Commission and its chairman, Gary Gensler, have believed that Ethereum, the second-largest cryptocurrency, is an unregistered securities transaction that does […]
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Trader Peter Brandt blasts SEC boss Gary Gensler once again – crypto.news

Trader Peter Brandt expressed doubts about U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler and the agency’s ability to adequately protect investors. Brandt highlighted Gensler’s involvement in the MF Global bankruptcy on social media. Brandt said Gensler allowed his clients to commingle their funds. He also singled out Gensler, who was chairman of the […]
SEC's Gensler calls for shorter settlement times in currency markets – Financial Times
Unlock Editor's Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. The top U.S. securities regulator said Thursday that regulators should work to include foreign exchange in a global effort to reduce trade settlement times in financial markets. Securities and Exchange Commission Chairman Gary Gensler said regulators and […]
SEC, Gensler face bipartisan backlash over X account hack

Securities and Exchange Commission (SEC) Chairman Gary Gensler said after the agency's social media accounts were hacked last week and falsely claimed to have approved several much-anticipated Bitcoin investment funds. It faces bipartisan political backlash. The SEC ultimately approved an exchange-traded fund (ETF) to hold Bitcoin about 24 hours later, but the agency's high-profile blunder […]
Crypto-hating Gary Gensler bites the bullet by aiding the ‘Wild West’ of investing

So Gary did it. Last week, the head of the Securities and Exchange Commission, a well-known cryptocurrency hater who has criticized digital coins even calling the market filled with looters, drug dealers and scammers the “Wild West” of investing. , has taken a big step towards virtual currency. Mainstreaming virtual currencies as an asset class. […]
SEC Chairman Gary Gensler dealt embarrassing blow in Bitcoin ETF debacle

Check out what's being clicked on FoxBusiness.com Gary Gensler really knows how to wrench defeat from the jaws of victory. Here's what market executives and crypto insiders have to say about the strange events that occurred late Tuesday. The SEC approved a “spot” Bitcoin exchange-traded fund a day earlier than planned, sending a shockwave through […]
Bitcoin Could Rally to $50K as Gensler Faces Pressure to Approve ETF, Traders Say – CoinDesk

Bitcoin (Bitcoin) It traded just above $43,000 in the European morning hours on Thursday, recouping some of its losses after falling as much as 7% on a leveraged flash on Wednesday as the market reacted to analyst reports. Lucas Keeley, chief investment officer at wealth platform Yield App, said the largest cryptocurrency could rise to […]