Hester Peirce undermines Gary Gensler as Congress grills the U.S. SEC chair on crypto crackdown

U.S. SEC chair Gary Genser has appeared before the House Financial Services Committee in a hearing titled “Oversight of the Securities and Exchange Commission.” A hearing memo issued by the Committee on Financial Services Staff on September 19th revealed that the financial watchdog has not clearly defined digital assets as securities.

Source: Cryptopolitan