SEC’s Gensler Throws Crypto Punches, Dodges Bitcoin ETF Query in Congressional Hearing

Custody ETFs Gary Gensler House Financial Services Committee Policy Regulations
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Much of the hearing focused on non-crypto issues, including a looming shutdown of the federal government and whether the SEC is focusing too much on climate or other issues. As in previous hearings, Wednesday’s meeting saw an acute partisan divide, with influential Democrats praising Gensler and Republicans alleging he was harming consumers or small businesses.

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