Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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U.S. SEC Chairman Gary Gensler will attend two congressional hearings in September
2023-08-31 07:44:33
Odaily News Fox Business News reporter Eleanor Terrett posted on X that US SEC Chairman Gary Gensler will attend two congressional hearings in September this year, namely the US Senate Banking Committee hearing on September 12, local time, and the Hearing of the House Financial Services Committee. Previously, U.S. lawmakers (especially Republicans) made a series of criticisms and accusations against Gensler. Patrick McHenry, ranking member of the House Financial Services Committee, criticized Gensler’s approach to digital asset regulation as too aggressive and the current lack of clear cryptocurrency guidelines stating which digital assets fall under the SEC’s jurisdiction. (CryptoSlate)