Albert Morgan

Albert Morgan

News

SEC Chair Faces Mounting Pressure from Crypto Supporters in Congress Amid String of Court Defeats

Securities and Exchange Commission Chairman Gary Gensler received blistering criticism from pro-crypto lawmakers during a House Financial Services Committee hearing on Wednesday, accused of stifling innovation and favoring large financial institutions over smaller competitors after a recent string of court losses. But can decentralized cryptocurrencies like Bitcoin offer a solution?

By Albert Morgan