SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct — 'It's Daunting' – Regulation Bitcoin News
September 14, 2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the Senate Banking Committee, stating that crypto is “a field which is rife with fraud, abuse, and misconduct.” He also stated that the securities regulator is still reviewing applications for spot bitcoin exchange-traded funds (ETFs).
Gary Gensler’s Testimony Before Senate Committee
The chairman of the…