Tag: gary gensler sec

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US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1

The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies. A United States lawmaker wants to strip the Securities and Exchange Commission chair Gary Gensler of his salary by paying him just $1 per year. In a proposed amendment to the Financial Services and General Government…
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AI-generated fake news sparks rumors of Gary Gensler’s resignation

The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work. False rumors have again been spreading over the resignation of United States Securities and Exchange Commission (SEC) chair Gary Gensler — this time, however, artificial intelligence has seemingly played a part. On July 1, a news story appeared…
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SEC Chairman Gensler Stresses Existing Fiat Digital Currencies Are Sufficient Amid Coinbase and Binance Actions

In the aftermath of the U.S. Securities and Exchange Commission’s (SEC) enforcement actions against Coinbase and Binance, chairman Gary Gensler engaged in a conversation, maintaining that further digital currencies are unnecessary. “We already have digital currency. It’s called the U.S. dollar. It’s called the euro or it’s called the yen, they’re all digital right now,”…
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SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition, he said the SEC is “trying to work with various crypto platforms, exchanges, lending platforms” to ensure investor protection. SEC Chair Gary Gensler on…
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SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More Funding Needed to Regulate Crypto Space SEC Chairman Gary Gensler detailed…
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