Gensler Decries ‘Wide-Ranging Noncompliance’ In Crypto Ahead of Oversight Testimony
SEC Chair Gary Gensler's written remarks ahead of his testimony on SEC oversight indicate his unwavering tough stance on crypto. He believes that the industry's noncompliance with securities laws is reminiscent of the 1920s. Gensler's position is that most crypto tokens likely meet the investment contract test and should be regulated as securities.
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Gensler Decries ‘Wide-Ranging Noncompliance’ In Crypto Ahead of Oversight Testimony
SEC Chair Gary Gensler's written remarks ahead of his testimony on SEC oversight indicate his unwavering tough stance on crypto. He believes that the industry's noncompliance with securities laws is reminiscent of the 1920s. Gensler's position is that most crypto tokens likely meet the investment contract test and should be regulated as securities.