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SEC’s Gensler backs commodities regulator oversight of crypto: ‘Let’s ensure that we don’t inadvertently undermine securities laws’
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Securities and Exchange Commission Chairman Gary Gensler signaled that he would support Congress handing more authority to the SEC’s sister markets regulator to oversee certain cryptocurrencies such as bitcoin.
Gensler, speaking at an industry conference, said on 8 September he looked forward to working with Congress to give the Commodity Futures Trading Commission added power, to the extent the agency needs greater authority to oversee and regulate “nonsecurity tokens… and the related intermediaries.”
Read more on fnlondon.comAbout this in other media
The crypto industry can trust Cynthia Lummis to get regulation right cointelegraph.com /1 year ago
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Bitcoin Sinks to $18.5K Due to Regulatory, Interest Hike Concerns blockchain.news /1 year ago
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