Republicans Want Secs Gensler To Re Propose These Two Crypto Rules

Last updated: June 8, 2025, 23:24

Republicans Want Secs Gensler To Re Propose These Two Crypto Rules

Two Republicans

Two Republicans, Patrick McHenry and Bill Huizenga, have expressed their concern with the the SEC in their latest public letter. Crypto

Two Republican lawmakers have written to the SEC Chair Gensler, questioning two of the regulator's proposed changes. The leaders seek reconsideration of

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Gensler has at various points

House Republican committee leaders ask SEC to take more action

Gensler has at various points described the crypto industry “rife with fraud and scams and hucksters” and explained that the distinction between security and commodity

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The SEC under Acting Chair

The SEC under Acting Chair Mark Uyeda is reconsidering former Chair Gary Gensler's strict crypto custody rule as part of a broader shift toward more industry-friendly

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Republican Policymakers Want SEC Chair to 'Re-Propose' Crypto

Influential House Republicans are demanding

One of those proposals, issued in February 2025, would amend the agency’s existing custody rule and expand the scope of assets subject to custodial oversight

Gensler Grilled in Congressional Hearing Over SEC’s Approach to

Influential House Republicans are demanding answers from Gensler on how ETH could legally be treated as a security by Prometheum. A total of 48 members of Congress

In addition to questioning Gensler

In addition to questioning Gensler, Republican Members of Congress also looked to the two pro-crypto Republican SEC Commissioners, Hester Peirce and Mark Uyeda

Republicans want SEC's Gensler to 're-propose' these two Crypto