Gary Gensler


Policy

DeFi Is Like Nothing Regulators Have Seen Before. How Should They Tackle It?

Without middlemen to deputize, the SEC and other regulators will have to rethink their approach to enforcement. A lot could go wrong.

(Yunha Lee/CoinDesk)

Policy

US Wants to Regulate Stablecoins First

Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.

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Policy

Gensler’s Crypto Testimony: 6 Key Takeaways

The SEC chairman laid out his stance on crypto regulation during a House Financial Services Committee hearing on Tuesday. CoinDesk breaks it down.

SEC Chair Gary Gensler (Bill Clark-Pool/Getty Images)

Policy

SEC Chair Gensler: A Ban on Crypto Would Be ‘Up to Congress’

In a Tuesday hearing, Gensler told the House Committee on Financial Services that the SEC has no plans to ban crypto.

SEC Chairman Gary Gensler (left) told Sen. Elizabeth Warren (D-Mass.) that his agency needs more authority to properly regulate the crypto market.

Videos

SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’

Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.

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Policy

Republican Congressman Demands Clarity From the SEC on Crypto Regulation

Rep. Patrick McHenry (R-N.C.), ranking member of the House Financial Services Committee, has been pushing for regulatory clarity on digital assets since March.

Representative Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Washington, D.C., U.S., on Thursday, Sept. 30, 2021. The Treasury secretary this week warned in a letter to congressional leaders that her department will effectively run out of cash around Oct. 18 unless Congress suspends or increases the debt limit. Photographer: Al Drago/Bloomberg via Getty Images

Videos

SEC Subpoenas USDC Stablecoin Backer Circle

Circle, a key supporter of the USDC stablecoin, revealed in a regulatory filing that it received an “investigative subpoena” from the SEC’s Enforcement Division in July, potentially about the assets backing USDC. “The Hash” team discusses the latest escalation by SEC Chairman Gary Gensler’s signaling federal scrutiny of crypto is on the rise.

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Markets

Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval

Analysts expect that approval to fuel a fourth-quarter crypto rally.

Bitcoin 24-hour chart (CoinDesk)

Videos

SEC Delays Decision on 4 Bitcoin ETFs

The U.S Securities and Exchange Commission (SEC) has delayed its decision on four proposals for bitcoin exchange-traded funds (ETFs) from ​Global X, Kryptoin, Valkyrie, and WisdomTree by 45 to 60 days. This comes as SEC Chairman Gary Gensler suggested bitcoin futures ETFs are most likely to gain regulatory approval.

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