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3232US Lawmaker: FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance
https://www.digit.info/us-lawmaker-ftx-collapse-isnt-a-crypto-failure-its-a-failure-of-sec-bankman-fried-centralized-finance/
Wed, 23 Nov 2022 23:00:11 +0000https://www.digit.info/2022/11/23/us-lawmaker-ftx-collapse-isnt-a-crypto-failure-its-a-failure-of-sec-bankman-fried-centralized-finance/Read more]]>U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker […]
]]>US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It
https://www.digit.info/us-lawmaker-says-too-much-money-and-power-behind-crypto-to-ban-it/
Mon, 05 Sep 2022 01:00:12 +0000https://www.digit.info/2022/09/05/us-lawmaker-says-too-much-money-and-power-behind-crypto-to-ban-it/Read more]]>U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.” US Lawmaker on Regulation and Why Congress Won’t Ban Crypto Congressman Brad Sherman […]
]]>SEC Criticized for How It Regulates Crypto — Chair Gensler Says Most Crypto Tokens ‘Have Attributes of Securities’
https://www.digit.info/sec-criticized-for-how-it-regulates-crypto-chair-gensler-says-most-crypto-tokens-have-attributes-of-securities/
Sun, 24 Jul 2022 23:30:38 +0000https://www.digit.info/2022/07/24/sec-criticized-for-how-it-regulates-crypto-chair-gensler-says-most-crypto-tokens-have-attributes-of-securities/Read more]]>The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase employee in an insider trading case, in which the SEC named nine crypto tokens listed on Coinbase as securities. SEC Slammed for Regulation by Enforcement […]
]]>US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’
https://www.digit.info/us-lawmaker-slams-sec-for-not-regulating-in-good-faith-under-chair-gensler-sec-has-become-power-hungry/
Thu, 21 Jul 2022 18:00:06 +0000https://www.digit.info/2022/07/21/us-lawmaker-slams-sec-for-not-regulating-in-good-faith-under-chair-gensler-sec-has-become-power-hungry/Read more]]>A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” Rep. Emmer Slams SEC and Chair Gensler The director […]
]]>US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker
https://www.digit.info/us-congress-will-not-pass-cryptocurrency-legislation-anytime-soon-says-lawmaker/
Mon, 24 May 2021 16:00:54 +0000https://www.digit.info/2021/05/24/us-congress-will-not-pass-cryptocurrency-legislation-anytime-soon-says-lawmaker/Read more]]>U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. Crypto Legislation Not Expected From Congress Anytime Soon U.S. […]
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker […]
U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.” US Lawmaker on Regulation and Why Congress Won’t Ban Crypto Congressman Brad Sherman […]
The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase employee in an insider trading case, in which the SEC named nine crypto tokens listed on Coinbase as securities. SEC Slammed for Regulation by Enforcement […]
A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” Rep. Emmer Slams SEC and Chair Gensler The director […]
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. Crypto Legislation Not Expected From Congress Anytime Soon U.S. […]