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SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

Gary Gensler, while avoiding answers on bitcoin ETFs, argues in testimony that crypto firms dangerously mix assets in a way outlawed in other corners of the financial system.

By Jesse Hamilton, Nikhilesh De|Edited by Nikhilesh De
Updated Sep 28, 2023, 3:12 p.m. Published Sep 27, 2023, 9:23 p.m.
U.S. Securities and Exchange Commission Chair Gary Gensler peppered the crypto industry with criticisms in congressional testimony. (Courtesy of the House Financial Services Committee)
U.S. Securities and Exchange Commission Chair Gary Gensler peppered the crypto industry with criticisms in congressional testimony. (Courtesy of the House Financial Services Committee)