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SEC Chair Gary Gensler Tells Elizabeth Warren SEC Needs More Authority to Rein In Crypto

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses his reading of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s letter to Sen. Elizabeth Warren, saying he wants his agency to have greater authority and resources to crack down on the crypto sector.

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SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto

In a letter to U.S. Senator Elizabeth Warren, Securities and Exchange Commission (SEC) Chairman Gary Gensler said Congress should grant the SEC greater authority and resources to crack down on the crypto sector.

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Markets

Генслер каже, що SEC Elizabeth Warren потребує більше повноважень для регулювання Крипто

Конгрес повинен зосередитися на торгівлі, кредитуванні та децентралізованому Фінанси, заявив регулятор цінних паперів.

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

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New Infrastructure Bill Looks to Raise $30B Through Crypto Taxes

CoinDesk's Nikhilesh De breaks down a bipartisan infrastructure bill in Congress that proposes raising $28 billion from crypto investors by applying new information reporting requirements to exchanges and other parties. Plus, the latest on Gary Gensler's response to Sen. Elizabeth Warren on the SEC's authority over crypto regulation and Robinhood's IPO.

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Bitcoin Retreats After Touching $40K as Amazon Denies Rumors Over Bitcoin Adoption

On the heels of Amazon denying plans to accept bitcoin payments by the end of the year, BTC ​is in pullback mode after approaching $40K Monday. Michael McGuire, CEO of digital asset exchange Symbridge, discusses what to make of the apparent upswing and volatility. Plus, how SEC Chair Gary Gensler's response to Sen. Elizabeth Warren's letter due Wednesday might have a dampening effect on the crypto markets.

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Policy

Банківський комітет Сенату критикує «фальшивий» популізм біткойнів

Слухання майже напевно було найскладнішим у трьох запитах на криптотему у вівторок вранці.

Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee.

Markets

Сенатор Уоррен закликає до «скоординованої та цілісної» відповіді на «небезпеку» Крипто

У своєму листі до міністра фінансів Джанет Єллен Уоррен назвала DeFi, кібератаки з підтримкою криптовалюти та унікальні загрози, створені стейблкойнами, як ризики для фінансової системи.

Sen. Elizabeth Warren (D-Mass.)

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Bitcoin Price Seesaws in Tight Range Into the Weekend

Another quiet week for bitcoin as buyers and sellers appear to be in a stalemate. Bitcoin's prices have been caught between $31K and $36K since at least June 21. CoinDesk's Christie Harkin and Brad Keoun review the week's events that potentially drove BTC movements and discusses Sen. Elizabeth Warren's warning to the SEC regarding crypto regulation. Plus, Jack Dorsey's Square is launching a bitcoin hardware wallet.

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