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U.S. Lawmakers Call for Firing of SEC Chairman Gary Gensler

After the decision made by Grayscale on Tuesday, Ohio US Congressman Warren Davidson called for the removal of Securities and Exchange Commission (SEC) Chairman Gary Gensler. Regarding the ruling on Grayscale's lawsuit, Congressman Davidson wrote that Grayscale's victory provided more evidence that Gary Gensler's behavior at the SEC was arbitrary and capricious.

Earlier, the court approved Grayscale's request and revoked the SEC's order. The latest ruling brings hope for the upcoming launch of a Bitcoin spot ETF in the US market. However, the approved path is not yet fully clear.

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Grayscale Gary Gensler

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U.S. Lawmakers Call for Firing of SEC Chairman Gary Gensler

All Comments

Recommended for you

US court begins trial of defendants in $575 million HashFlare cryptocurrency mining fraud

Turkish authorities detain 127 suspects in major cryptocurrency bust

Hong Kong Acting Financial Secretary: We will make every effort to promote financial innovation in key areas including Web3-related DeFi and virtual assets

Chairman of the U.S. House Financial Services Committee: A legislative tool is needed to promote a bill on stablecoin regulation

US SEC requires Ethereum spot ETF issuers to submit first round of S-1 draft forms by Friday

Cointime April 27th News Express

Grayscale transferred more than 1,000 BTC to Coinbase Prime address again last night

Grayscale GBTC Bitcoin holdings fell below 300,000 BTC

Cointime April 20th News Express

Grayscale transferred a total of approximately 1,202 BTC to Coinbase and Coinbase Prime this morning

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