The Verge

AUGUST 3, 2021

On Tuesday, chair of the US Securities and Exchange Commission Gary Gensler called on Congress to expand the agency’s authority in regulating cryptocurrency trading, lending, and platforms. Frankly, at this time, it’s more like the Wild West,” Gensler said in a speech to the Aspen Security Forum Tuesday.

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The Verge

AUGUST 6, 2021

Earlier this week, SEC Chair Gary Gensler called on Congress to grant the agency more authority in regulating cryptocurrency, lending, and platforms. “If If we don’t address these issues, I worry a lot of people will be hurt,” Gensler said on Tuesday. An amendment authored by Sens. Another amendment from Sen.

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Vox

JUNE 7, 2023

And now it’s easy to see why SEC chair Gary Gensler is known as crypto’s nemesis. Gensler is also one of several Biden appointees who are vocal opponents of big technology companies. Gensler has said existing laws work just fine; the problem is that crypto exchanges don’t want to comply with them.

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Vox

JUNE 8, 2023

SEC chair Gary Gensler said in a press release that Zhao and his company had “engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law.” Gensler has been making clear that he believes that most cryptocurrencies are securities since his appointment in 2021.

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The Verge

DECEMBER 6, 2021

DWAC) said Monday that it has received inquiries for information from the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). In a November letter to SEC chair Gary Gensler , Sen. Digital World Acquisition Corp.

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Vox

NOVEMBER 17, 2022

Cynthia Lummis (R-WY), who earlier this year co-authored a crypto bill with Sen. Many are mad at the SEC — and Gensler, in particular. FTX, meanwhile, has already filed for bankruptcy , though liquidators in the Bahamas said on Wednesday that they reject the “ validity ” of the proceedings. Kirsten Gillibrand (D-NY), told Recode.

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CIO Business Intelligence

AUGUST 19, 2022

The Howey test (based on a case from the 1940s that established the SEC’s area of authority) is a standard test for determining whether something is a security. The final traditional asset class to consider is securities. The three distinguishing characteristics of securities are: A. The investment of money. Common enterprise.

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