Rep. Davidson declares the war boss Gary Gensler about the long row of abuses

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Von: Krypto News Österreich

Der Kreuzzug des Vorsitzenden der Securities and Exchange Commission (SEC), Gary Gensler, gegen die Krypto-Asset-Industrie hat zu politischem Widerstand geführt. Der US-Repräsentant Warren Davidson ist der jüngste, der Vergeltung übt. Der Vertreter von Ohio sagte, er führe ein Gesetz ein, um Gensler als SEC-Chef zu entfernen, um „eine lange Reihe von Missbräuchen zu korrigieren“. „Verfassungswidrige Übertreibung“ der SEC Die Ankündigung erfolgt, nachdem die SEC erklärt hatte, dass sie die vorgeschlagene Neudefinition einer „Börse“ gemäß den Regeln der Agentur „modernisieren“ würde, die auch Krypto-Marktteilnehmer in der dezentralen Finanzierung (DeFi) umfassen könnte. Der SEC-Vorsitzende erklärte, dass Regeländerungen sowohl für Anleger als auch …
The crusade of the chairman of the Securities and Exchange Commission (Sec), Gary Gensler, against the crypto-asset industry, led to political resistance. The US representative Warren Davidson is the youngest who practices retribution. Ohio's representative said he is introducing a law to remove Gensler as a second boss to "correct a long series of abuses". The SEC's announcement is “unconstitutional exaggeration” after the SEC declared that it would “modernize” the proposed redefinition of a “stock exchange” in accordance with the rules of the agency, which could also include crypto market participants in decentralized financing (DEFI). The SEC chairman said that rules of rule for both investors and ... (Symbolbild/KNAT)

The crusade of the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, against the crypto-asset industry has led to political resistance. The US representative Warren Davidson is the youngest who is retaliating.

The representative of Ohio said he introduced a law to remove Gensler as a second boss to "correct a long series of abuse".

"unconstitutional exaggeration" of the Sec

The announcement takes place after the SEC had explained that it would "modernize" the proposed redefinition of a "stock exchange" in accordance with the rules of the agency, which could also include crypto market participants in decentralized financing (Defi).

The SEC chairman said that rules of rule could be an advantage for both investors and the markets, since they would lead to certain brokers being subjected to an additional official examination.

The focus will be on the "modernization" of the concept of a "stock exchange", which would be more precise than a system that brings together "buyers and sellers of securities who offer the use of non-fixed trade interests and another kind of non-discretionary method."

Therefore, the proposed changes would require that these systems can be registered as national securities exchanges or as a broker dealer and comply with the regulations for alternative trading systems (ATS). The SEC further added that the current Commission also covers defi.

opposition

Gensler's proposal and the subsequent announcement that aims at Defi are in the crosshair of many crypto supporters who have expressed concerns about the transfer of the agency. This prompted Coinbase's right -wing chief, Paul Grewal, to explain his intention to displace Gensler from his role.

The representative of the United States, Warren Davidson, also interfered and tweeted ,

"In order to correct a long series of abuses, I introduce a law that sets the chairman of the Securities and Exchange Commission and replaces the role by an executive director who reports to the board (where the authority is located).

non-profit blockchain interest representation Coin Center also released the SEC and regarded their approach as "unconstitutional". On the regulatory front, the SEC boss found himself again under the shelling of Commissioner Hester Peirce, who submitted a contradiction to Gensler's political step.

Defi-Razzia

The latest decision is far from the first volley in attack on Defi. The industry sees relentless attempts to raid, which, according to the industry representatives, are "extrajudicial" nature. Last month Sushi Dao and chef Jared Gray was delivered to the SEC.

Recently, the US Ministry of Finance published a unique risk assessment report for illegal finances.

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