Five Things to Know Crypto This Week: Gensler Grilling, Crypto ETFs, and Big Brother

Five Things to Know Crypto This Week: Gensler Grilling, Crypto ETFs, and Big Brother

Key Insights:

  • SEC Chair Gary Gensler grilled by Financial Services Committee.
  • Central Bank Digital Currencies face intensified lawmaker concerns.
  • SEC postpones BTC-Spot ETF reviews; ETH-Futures ETFs approved.

SEC Chair Gary Gensler Received a Capitol Hill Grilling

On Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler appeared before the Financial Services Committee. A two-pronged attack from Committee Chairman Patrick McHenry and Rep. Richie Torres left the SEC Chair quoting from the SEC playbook.

Republican Ritchie Torres prompted the SEC Chair for cases where the Court ruled the existence of an investment contract without a contract. Rep….
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