WASHINGTON — Chairman of the Securities and Exchange Commission Gary Gensler signaled that he would support Congress giving more power to the SEC’s sister market regulator to oversee certain cryptocurrencies like bitcoin.
Mr. Gensler, speaking at an industry conference, on Thursday said he looks forward to working with Congress to give more power to the Commodity Futures Trading Commission, to the extent it needs major powers. to “monitor and regulate crypto-unsafe tokens and related intermediaries”.
