The Changing Landscape of Crypto Regulation in the US.

1 min read
Source: CoinDesk
The Changing Landscape of Crypto Regulation in the US.
Photo: CoinDesk
TL;DR Summary

Last week's appearance by SEC Chair Gary Gensler before the House Financial Services Committee revealed the scale of Republican dissatisfaction with Gensler's administration and weakened his credibility. The hearing highlighted the inconsistency of the SEC's approach to digital assets and suggested several points that are likely to become campaign platforms. The political nature of the questions was quite clear, with Republicans against and Democrats supportive of the current SEC leadership. Digital assets are likely to increasingly form part of the political discourse, moving from market niche to political platform.

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