Gensler grilled over SEC ‘crypto’ regulatory overreach

Quick Summary:

Stablecoin legislation was also up for discussion during the hearing, with Ranking Member Maxine Waters warning that time is running out to get a deal done.

The post Gensler grilled over SEC crypto’ regulatory overreach appeared first on CoinGeek.

When asked whether digital assets need a statutory definition to ascertain how securities laws should apply to them, Peirce suggested that “it’s always helpful to have Congress weigh in, but there certainly are some guidelines we could provide in this area that we have chosen not to provide.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: James Field

Category: Crypto

Markets: CanadaUnited States

Topics: Maxine Waters Howey Test Tom Emmer Business Patrick McHenry Ritchie Torres Regulation Securities and Exchange Commission Gary Gensler Stablecoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 13:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1444 words

Reading Time: 9 minutes read

Sentences: 38 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 22751436

View Article Analysis

About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 7 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 10 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

Publisher Details

Frequently Asked Questions