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08.11 - 23:21
SEC slammed over approach to crypto
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fnlondon.comWASHINGTON — A Republican member of the Securities and Exchange Commission criticised the agency’s approach to regulating the cryptocurrency industry, which Chairman Gary Gensler, a Democrat, has likened to the Wild West.
Hester Peirce, one of two Republicans on the five-member commission, said on 20 October that the agency should be making more of an effort to work with cryptocurrency firms to establish rules that they can comply with.
“I...
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