Congress Grills Gensler on Anti-Crypto Stance
The Breakdown
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Is Ether a Security?
Gensler refused to answer a specific question about whether Ether is a security. The SEC chair was asked if he thinks it serves the market for an object to be viewed by the commodities regulator as a commodity and by the securities regulator as a security. Gensler also got grilled on FTX's collapse, despite direct questions around whether he had any concerns ahead of its collapse.
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Transcript
