SEC's Gensler Remains Resolute in Push for Crypto Regulation Ahead of Senate Committee Appearance

Securities and Exchange Commission (SEC) Chair Gary Gensler aims to reiterate his stance that many cryptocurrencies should fall under the agency's regulatory purview when appearing before the Senate Banking Committee. In his prepared testimony released on Monday, Gensler claimed that the industry is widely noncompliant with securities laws, highlighting the need for regulatory intervention. ...