US Senator Calls on SEC Chairman to Introduce Cryptocurrency Regulations

According to Golden Financial, Sen. Pat Toomey, a senior member of the US Senate Committee on Banking, Housing and Urban Affairs, spoke to US Securities and Exchange Commission (SEC) Chairman Gary Gensler on Friday about crypto -cash. to the right. Tumi said the letter followed concerns raised during last week's hearing about the need to provide clear oversight of new technologies such as: cryptocurrencies (including fixed income). During the Senate hearing, the SEC chairman said that "the SEC has complied with the rules on crypto," but Tumi noted that many of those regulations have not been implemented. disclose security or why the SEC considers it safe. , this should clearly meet the need for various policies for the public. Toomey said the SEC has a responsibility to do more than just provide earnings estimates.