The Digital Source For China's Tech Innovation Since 2000

Search
Close

Gary Gensler: The SEC Has No Plans to Follow China and Ban Bitcoin

October 7, 2021
Source: elevenews.com elevenews.com
News Snapshot:
U.S. SEC Chair Gary Gensler has stated that the financial regulator does not plan to ban crypto would also be subject to regulations, he explained. “Even in decentralized platforms – so-called DeFi platforms – there is a centralized protocol. And though they don’t take custody in the same way, I think those are the places that we can get the maximum amount of public policy.” GaryGensler Gary Gensler. Source: Bloomberg Concern Over “Poker Chips” Gensler also reiterated concerns over stablecoins, which he has previously labeled casino poker chips, stating “the financial stability issues that stablecoins could raise” would be a...
Go To Original Source →
Tags: ban | bank | bitcoin | blockchain | Bloomberg | boycott | Casino | China | chips | Congress | consumer | crypto | cryptocurrency | currency | digital | finance | financial | financial services | fintech | fraud | gambling | investor | IT | regulation | SEC

Other Related News:

EV sales now expected to account for 55% of total global vehicle sales by 2030

March 27, 2023

‘A change is coming’-Xi’s parting message to Putin means anything but peace in Ukraine

March 27, 2023

China pushes domestic firms to expand in global supply chain integration

March 27, 2023

China says U.S. presumption of guilt against TikTok is baseless

March 27, 2023

China's Baidu scraps public launch for ChatGPT-like product

March 27, 2023

China’s Baidu scraps showcase of ChatGPT rival, shares sink

March 27, 2023

Security concerns and creeping influence: the west is worried about TikTok, should Ireland be?

March 27, 2023

Alibaba founder Jack Ma returns to China for school visit

March 27, 2023

OneWeb offering can match mobile service rates in western nations, not India tariff: Sunil Bharti Mittal

March 27, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter