SEC Chair Gary Gensler again called for comprehensive cryptocurrency regulations. He said cryptocurrencies can be a catalyst for change in the financial sector unless they operate outside of public policy frameworks. Republican lawmakers cited a “lack of clarity” in enforcement efforts, including around stablecoins, which are pegged to the U.S. dollar. The SEC is working with its companion agency, the Commodities Futures Trading Commission, to oversee crypto markets, and hopes to develop a framework alongside the Federal Reserve, Department of Treasury, Office of the Comptroller of the Currency.”]
Source: https://www.databreachtoday.com/sec-chair-pushes-for-additional-cryptocurrency-regulations-a-17531