The Daily Hodl
2022-10-15 16:55:17

SEC Chair Gary Gensler Argues US Commodity Regulator Should Have More Authority Over Stablecoins: Report

U.S. Securities and Exchange Commission (SEC) chair Gary Gensler is reportedly saying that the Commodity Futures Trading Commission (CFTC) should have more regulatory authority over stablecoins. Gensler says in a recent Georgetown conference that stablecoins have many similarities to money market funds and should be regulated as such, according to a report from Reuters. “I […]The post SEC Chair Gary Gensler Argues US Commodity Regulator Should Have More Authority Over Stablecoins: Report appeared first on The Daily Hodl.

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