SEC chair Gary Gensler could soon be out of a job after drawing the ire of a US Rep. over his 'long series of abuses' against the crypto space.
Gensler said in an April 14 meeting the proposed rule amendments could benefit investors and markets by bringing certain brokers under additional regulatory scrutiny as well as"modernizing" rules that define an exchange.
"Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology," Peirce said.In addition to ironing this t-shirt , will I need to register as an exchange before wearing it? "It depends," per the SEC's latest release:
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