682:SEC's Power Struggle: Congress, ETF Delays, and a Pivotal Hearing
Автор: The Crypto Overnighter Podcast🎙️
Загружено: 2023-09-27
Просмотров: 18
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Episode 682:
Gensler vs McHenry - Gary Gensler's upcoming congressional testimony pits him against Patrick McHenry and the crypto industry. The SEC chairman's firm stance on regulating digital assets as securities clashes with the industry's core ethos of decentralization.
SEC Drags on ETFs - The SEC's decision to delay Bitcoin ETF applications from Ark 21Shares and Global X adds another layer to the regulatory maze. Amid a possible government shutdown, the SEC's hesitance further stifles crypto innovation.
Lawmakers Step In - A bipartisan group pushes for spot Bitcoin ETFs, amplifying pressure on the SEC. Following a court win by Grayscale, lawmakers argue that a regulated spot Bitcoin ETF could increase investor protection and transparency.
McHenry Demands Transparency - Patrick McHenry criticizes Gary Gensler for the SEC's lack of transparency, particularly in dealings with FTX. He warns that the SEC could face a congressional subpoena if it doesn't start cooperating.
Crypto Overnighter Podcast (9/27/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.
Email: [email protected]
Salem Friends of Felines: https://sfof.org/
Twitter: / cryptocorvus1
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