# SEC boss worries crypto bill undermines financial protections

# SEC boss worries crypto bill undermines financial protections

” SEC boss worries crypto bill undermines financial protections “ United States Securities and Exchange Commission (SEC) Chairman Gary Gensler said he’s worried that a proposed bill to create a regulatory framework for cryptocurrencies could weaken investor protections in the traditional financial market. Speaking at The Wall Street Journal’s CFO Network Summit on June 14…

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# Gillibrand and Lummis state that most altcoins are securities

# Gillibrand and Lummis state that most altcoins are securities

” Gillibrand and Lummis state that most altcoins are securities “ Senators Kirsten Gillibrand and Cyntia Lummis believe that most altcoins would likely be considered securities under their proposed new legislation — but confirmed that Bitcoin (BTC) and Ether (ETH) will be classified as commodities.  Lummis and Gillibrand both agreed with Securities and Exchange Commision…

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