The House Financial Services Committee held a hearing on oversight of the Securities and Exchange Commission this morning. Oversight hearings are normally a snoozefest but this one had the potential for fireworks. Crypto enthusiasts have been frustrated by Gensler’s refusal to approve a spot bitcoin ETF and by his stepped-up enforcement efforts against crypto exchanges and others in the community, which critics say is an attempt by the SEC to gain control over the industry.
Guest: James A. Murphy - Founder/Principal
MetaLawMan ➜ https://www.metalawman.io/
Twitter ➜ https://twitter.com/MetaLawMan