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Congress Grills Gensler on Anti-Crypto Stance

The Breakdown

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The Contempt of the SEC for Cryptocurrency

Congressman Brian Donald questioned the authority of the SEC to make rules in a range of areas, including crypto. One big theme was the utter contempt a major regulator has for an entire industry that was just palpable this entire time. The opening statements between McHenry and Waters could not have been more stark.

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