{"id":18004,"date":"2024-10-23T12:45:29","date_gmt":"2024-10-23T09:45:29","guid":{"rendered":"https:\/\/forklog.com\/en\/gensler-affirms-secs-stance-on-cryptocurrency-regulation\/"},"modified":"2024-10-23T12:45:29","modified_gmt":"2024-10-23T09:45:29","slug":"gensler-affirms-secs-stance-on-cryptocurrency-regulation","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/gensler-affirms-secs-stance-on-cryptocurrency-regulation\/","title":{"rendered":"Gensler Affirms SEC’s Stance on Cryptocurrency Regulation"},"content":{"rendered":"

SEC<\/span> will maintain its approach to regulating digital assets through enforcement actions, according to the agency’s chair, Gary Gensler, in an interview with Bloomberg<\/a>.<\/p>\n

\n

“For nine decades, we have benefited from robust laws from Congress and rules from various agencies [\u2026] that help promote markets \u2014 protect investors and facilitate capital formation. We will continue this policy,”<\/em> he stated.<\/p>\n<\/blockquote>\n

The head of the Commission declined to comment on his potential resignation and the new project by U.S. presidential candidate Donald Trump, World Liberty Finance. <\/p>\n

This was in response to the host’s question about his plans should the Republican candidate win. The latter promised<\/a> to dismiss Gensler if elected president.<\/p>\n

The interview took place a day after the regulator’s Examination Division identified<\/a> crypto assets as a priority for 2025.<\/p>\n

Previously, Gensler emphasized that he sees no need for additional regulatory frameworks beyond the Howey Test.<\/p>\n

In June 2023, lawmakers introduced a bill for Gensler’s removal.<\/p>\n

Two months later, following Grayscale’s court victory against the agency, a similar proposal emerged again.<\/p>\n

In September 2024, the House of Representatives began an investigation into the SEC’s use of politically motivated hiring practices.<\/p>\n

In October, it was reported that the agency’s Director of Enforcement, Gurbir Grewal, would be leaving. The community dubbed him the “chief instigator of Gensler’s aggressive crackdown on cryptocurrencies.”<\/p>\n","protected":false},"excerpt":{"rendered":"

SEC will maintain its approach to regulating digital assets through enforcement actions, according to the agency’s chair, Gary Gensler, in an interview with Bloomberg. “For nine decades, we have benefited from robust laws from Congress and rules from various agencies [\u2026] that help promote markets \u2014 protect investors and facilitate capital formation. We will continue […]<\/p>\n","protected":false},"author":1,"featured_media":18003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,36,128],"class_list":["post-18004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-regulation","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18004"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18003"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}