Estimated reading time: 0 minutes, 26 seconds

SEC Chair Calls for More Resources to Handle Crypto 'Wild West'

Thursday, Mar 30 2023
Cryptocurrency
Written by  FinTech News Brief Staff

Gary Gensler, chairman of the U.S. Securities and Exchange Commission, called for additional employees at the agency as the crypto space continues to play out like the “Wild West.” So reports Benzinga.

Gensler delivered his comments at a Subcommittee on Financial Services and General Government meeting where he pointed to a rapidly growing and changing market as cause for the additional hires. As such, the chairman said he was hoping to add 170 new positions and fully fund the staff hired in 2023.

Read the full article from Benzinga.

Read 857 times
Rate this item
(0 votes)
More in this category: « BoA Report: Ethereum Needs to Get Faster If It Wants to Remain Dominant Most Americans Do Not Trust Crypto: Pew »

Visit other PMG Sites:
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline