Bitcoin
$42,723.04+0.63%
Ethereum
$2,913.96+0.15%
XRP
$0.937233+0.77%
Cardano
$2.38+5.79%
Polkadot
$30.31-0.14%
Stellar
$0.278609-0.59%
Dogecoin
$0.209618+0.90%
Chainlink
$23.00+5.00%
Uniswap
$19.41-1.49%
Polygon
$1.13+0.14%
Cosmos
$39.98+1.06%
Algorand
$1.74-2.89%
Litecoin
$152.27+1.78%
Bitcoin Cash
$516.14+1.30%
Wrapped Bitcoin
$42,769.64+0.95%
The Graph
$0.684525-2.91%
Filecoin
$60.53-4.35%
Tron
$0.090759-1.31%
Ethereum Classic
$47.48+1.18%
Tezos
$7.10+2.40%
Aave
$276.42-1.00%
Monero
$237.25+2.26%
NEO
$39.16-0.07%
EOS
$4.02+0.18%
IOTA
$1.24-1.65%
BitTorrent
$0.003257-0.24%
Bitcoin SV
$135.04-0.56%
Waves
$24.36-6.17%
Maker
$2,265.26-0.62%
Dash
$164.93+0.39%
Decred
$115.59+1.54%
Decentraland
$0.687417-0.99%
ICON
$1.55-0.96%
NEM
$0.147431-0.09%
Zcash
$109.63-0.28%
OmiseGO
$8.94-1.01%
NuCypher
$0.316955+17.55%
Paxos Standard
$1.01+0.65%
Yearn Finance
$30,137.49+6.49%
Ren
$1.03+4.84%
Qtum
$9.70-1.26%
Bitcoin Gold
$53.12+0.45%
Fetch.ai
$0.861829+10.65%
Basic Attention Token
$0.641399-0.48%
0x
$0.895219-0.82%
Kava.io
$5.88+0.27%
Bancor
$3.46+1.31%
Band Protocol
$7.48+1.79%
Siacoin
$0.014699-0.16%
Nano
$4.70+0.58%
Loopring
$0.381329+0.72%
Numeraire
$42.40+3.07%
Storj
$1.09+1.04%
Civic
$0.455617-2.93%
Lisk
$2.93+4.54%
Orchid
$0.319434-0.03%
PAX Gold
$1,756.00+0.05%
Enzyme
$135.65+0.99%
Augur
$21.59+4.65%
Aragon
$4.82+3.09%
district0x
$0.150898+3.13%
Kyber Network
$1.44+0.25%
SingularDTV
$0.001242-1.60%
Tether
$1.00+0.00%
USD Coin
$1.00+0.01%
Dai
$1.00+0.01%

Elizabeth Warren Gives SEC July 28 Deadline to Figure Out Crypto Regulation

The Democrat senator said in a letter to SEC Chair Gary Gensler that she needs answers by July 28.

Jul 8, 2021 at 1:20 p.m. UTC
Updated Sep 14, 2021 at 1:22 p.m. UTC

Crypto skeptic U.S. Sen. Elizabeth Warren (D-Mass.) gave the Securities and Exchange Commission (SEC) until the end of this month to figure out its role in regulating cryptocurrencies.

  • The senator, who chairs the Senate Banking Committee's Subcommittee on Economic Policy, said in a letter to SEC Chair Gary Gensler that she needs answers by July 28.
  • Despite the rising popularity of crypto, a "lack of common-sense regulations has left ordinary investors at the mercy of manipulators and fraudsters,” Warren said.
  • "The SEC must use its full authority to address these risks, and Congress must also step up to close these regulatory gaps," she added.
  • Warren has long been critical of bitcoin, describing the crypto as "speculative in nature and going to end badly" during a CNBC interview in March.
  • She also voiced her concerns about the lack of regulatory clarity involving crypto and the energy usage of proof-of-work cryptocurrencies during a June subcommittee hearing.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...