Wednesday, May 22, 2024

SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors. But U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler – the securities watchdog President Joe Biden hired as a member of his transition team and a key regulator – says don't bother.

source https://www.coindesk.com/policy/2024/05/22/secs-gensler-going-rogue-in-solo-quest-to-stop-us-crypto-legislation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Senator and Ex-Bridgewater CEO McCormick Invests More in Bitcoin as Bill in Works

U.S. Senator Dave McCormick, the former chief executive of massive hedge fund Bridgewater Associates, is putting his own cash into bitcoin (...