Gary Gensler Gets Rare Support On Crypto From Ex SEC Chair
Also Read: Banks, VCs, Pension Funds Once Crypto-Friendly Steering Away From Crypto advertisement During the recent House Financial Services Committee hearing, Gary Gensler dodged the question on explaining how crypto firms should comply with the laws. The Committee Chair Patrick McHenry came down heavily against Gensler’s stance that existing securities laws are already compatible with the Crypto Market . Jay Clayton Supports Gensler The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Speaking about the state of the Crypto Market and the debate around regulation, Clayton said securities can eventually become commodities but currently many cryptocurrencies appear to be securities. He explained that these assets now give a first mover advantage to early investors in crypto...