U.S. Won T Follow China In Banning Crypto Sec Chief Says
The topic was addressed after North Carolina Representative Ted Budd, a supporter of cryptocurrencies, asked whether the SEC would move forward in instituting a ban on the digital currencies like China instituted last month. To this, Gensler said: “No, that would be up to Congress.” He added, “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 they stay outside of the regulatory framework....