Rep. McHenry Alleges SEC Chair Gensler Misled Congress on Ethereum Status
The post Rep. McHenry Alleges SEC Chair Gensler Misled Congress on Ethereum Status appeared first on Coinpedia Fintech News Rep. Patrick McHenry (R-NC), Chair of the House Financial Services Committee, accused SEC Chair Gary Gensler of misleading Congress about Ethereum’s status. Consensys’s unsealed document from a lawsuit reveal Ethereum’s year-long internal consideration by the SEC as an unregistered security. Also, McHenry has criticized the SEC’s contradictory public stance and private actions, and called it …
The post Rep. McHenry Alleges SEC Chair Gensler Misled Congress on Ethereum Status appeared first on Coinpedia Fintech News
Rep. Patrick McHenry (R-NC), Chair of the House Financial Services Committee, accused SEC Chair Gary Gensler of misleading Congress about Ethereum’s status. Consensys’s unsealed document from a lawsuit reveal Ethereum’s year-long internal consideration by the SEC as an unregistered security. Also, McHenry has criticized the SEC’s contradictory public stance and private actions, and called it a “regulation by enforcement.” Next week’s hearing aims to address the enforcement practices of the SEC.
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