About the same in other media
Congressmen seek clarity from SEC chief Gensler, on yield products, stablecoins
Reading now: 815
Congressmen Warren Davidson, Tom Emmer, Ted Budd, Anthony Gonzalez, and Trey Hollingsworth have addressed a letter to the U.S. SEC Chair seeking clarity around crypto rules.
The development comes after a recent report by Bloomberg, discussing the SEC’s “significant authority” over tokens like Tether. Citing sources, it had said that an upcoming regulatory report by the US Treasury is set to establish SEC’s overarching authority in the sector.
On the back of that, Davidson stated,
“The crypto industry deserves regulatory clarity when it comes to yield products and stablecoins.”
He further added that he’s requesting this clarity from the ‘SEC so that innovation can thrive in the USA.’
In the past, the SEC chair had called for more investor
Read more on ambcrypto.comAbout this in other media
Staff from overseas boost UK’s festive turkey workforce theguardian.com /2 years ago
Cardano: Here’s Hoskinson’s 3-rule solution for crypto-clarity in regulations ambcrypto.com /2 years ago
Nomura poaches from Natixis to lead insurance solutions in Europe fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
