
Coinbase Launches TV Campaign in Washington DC to Educate Regulators Why America Needs Crypto
Coinbase shares edged 7.56 per cent higher on Monday to close the day trading at $61.07.
Chairman at US SEC.
Gary Gensler is an American government official and former Goldman Sachs investment banker serving as the chair of the US Securities and Exchange Commission (SEC). Gensler previously led the Biden-Harris transition’s Federal Reserve, Banking, and Securities Regulators agency review team. Prior to his appointment, he was professor of Practice of Global Economics and Management at the MIT Sloan School of Management.
Gensler served as the 11th chairman of the Commodity Futures Trading Commission (CFTC), under President Barack Obama, from May 26, 2009, to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999–2001), and the Assistant Secretary of the Treasury for Financial Markets (1997–1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign. President Joe Biden nominated Gensler to serve as 33rd chair of the US Securities and Exchange Commission. He succeeded SEC Acting Chair Allison Lee.
US SEC
Oct 18th, 1957
American
The Wharton School, University of Pennsylvania, MBA, 1979
The Wharton School, University of Pennsylvania, Undergraduate Degree in Economics, 1978
Maryland Financial Consumer Protection Commission, Chair, 2017-2019
MIT Sloan School of Management, Professor of the Practice of Global Economics and Management
MIT’s [email protected], Co-Director
MIT Media Lab Digital Currency Initiative, Senior Advisor
Commodity Futures Trading Commission, 11th Chairman, 2009-2014
Treasury for Domestic Finance, Under Secretary, 1999-2001
Treasury for Financial Markets, Assistant Secretary, 1997-1999
Coinbase shares edged 7.56 per cent higher on Monday to close the day trading at $61.07.
The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges.
The regulator argues that it is under no obligation to meet the requirements outlined in Coinbase’s recent petition.
If the US SEC classifies cryptocurrencies as securities, OTC Markes will be well-positioned in providing liquidity to these assets in the future.
A growing number of US-based crypto companies are considering leaving the country due to increasingly harsh SEC crackdowns.