SEC’s Bitcoin (BTC) and cryptocurrencies while the pressure on SEC President Gary Gensler in front of the Senate Banking Committee tomorrow “Oversight of the U.S. Securities and Exchange Commission.” He will testify at the session.
At this point, Gary Gensler shared on his Twitter account on September 12, 2023 at 10:00 ET. Senate Banking Committee He said he would testify before him.
Marks your calendars 🗓️ Tuesday, September 12th at 10am ET🗓️
I’ll be testing before the @SenateBanking Committee.https://t.co/bfpdjNgiLT
— Gary Gensler (@GaryGensler) September 7, 2023
The session will start at 17.00 Türkiye time.
Tomorrow’s session will be closely followed by cryptocurrency investors as Bitcoin tries to maintain $25,000.
In addition to the SEC’s role and approach on cryptocurrencies, the session also discussed XRP And grayscale The decisions in the cases are also expected to be discussed.
Apart from these, consecutive successive appointments to the SEC Chairman Blackrock, Ark Invest, Fidelity, Bitwise from financial giants such as spot Bitcoin ETF Questions may also arise regarding their applications and whether they are approved or not.
In addition to tomorrow’s testimony, the SEC Chairman will also testify before the House of Representatives Financial Services Committee on September 27, 2023.
Genlser, known for his negative approach to Bitcoin and cryptocurrencies, thinks that most cryptos are securities and should be registered with the SEC.
*Not investment advice.
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