SEC Chair Gensler Shares His Opinion on Proof-of-Stake Tokens: Report

CoinDesk published this video item, entitled “SEC Chair Gensler Shares His Opinion on Proof-of-Stake Tokens: Report” – below is their description.

U.S. Securities and Exchange Commission Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey Test. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what this means for the ongoing crypto turf war between the SEC and the CFTC over regulatory authority.

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About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

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Gary Gensler is an American government official and former investment banker serving as the chair of the U.S. Securities and Exchange Commission. Gensler previously led the Biden–Harris transition’s Federal Reserve, Banking, and Securities Regulators agency review team.

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