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Crypto Proponents Fear SEC 'Backdoor' Regulations on Exchanges, Dealers

Lobbyists oppose proposals that may regulate crypto without explicitly naming the sector.

By Jesse Hamilton
Updated May 11, 2023, 3:45 p.m. Published Apr 18, 2022, 4:21 p.m.
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, argues that his agency has authority over a wide range of digital assets. (Melissa Lyttle/Bloomberg via Getty Images)
Gary Gensler, chairman of the U.S. Securities and Exchange Commission, argues that his agency has authority over a wide range of digital assets. (Melissa Lyttle/Bloomberg via Getty Images)