News Snapshot: Securities and Exchange Commission (SEC) Chair Gary Gensler told Congress on Tuesday that his agency would not follow China ’s lead in implementing a ban on cryptocurrencies . Speaking before the United States House of Representatives Committee on Financial Services , Gensler was asked by Rep. Ted Budd (R-N.C.), a supporter of cryptocurrencies, whether the SEC would move to prohibit the digital currencies. “No, that would be up to Congress,” Gensler said, adding: “I am technology-neutral. I think that this technology has been and can continue to be a catalyst for change, but technologies don’t last long if...