The Committee, led by Chair Patrick McHenry and supported by twenty other members, has conveyed their concerns to Gary Gensler, Chair of the Securities and Exchange Commission (SEC), and Robert Cook, President and CEO of the Financial Industry Regulatory Authority (FINRA).
SnakeBinance argued in February, and again earlier this month, that SEC Chairman Gary Gensler should recuse himself from the SEC lawsuit against the exchange. It claimed that his previous interactions with the exchange’s CEO Changpeng Zhao justify his recusal.
TheBlockGary Gensler addresses the Coinbase lawsuit during the Piper Sandler Gl.obal Exchange and Fintech Conference
Yahoo FinanceSEC Chief Gary Gensler has placed primary blame on crypto firms for the recent failure of several major banks in the United States.
OthersThe legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is widely considered the most important precedent for the crypto industry.
BitcoinistThe U.S. Securities and Exchange Commission has been "loud and clear" that crypto doesn't get a "pass" from longstanding consumer protection laws.
CoindeskAs a new Congress prepares to work on uncertain crypto legislation next year, the SEC chairman says his agency needs nothing apart from more money and more reach overseas.
CoindeskThe U.S. lawmaker also attributed FTX’s collapse to business ethics, government oversight, and regulatory procedures.
MediumThe topic of which federal company should regulate the cryptocurrency market has gained a lot of attention lately.
OthersGensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.
Cointelegraph