crypto

Sources say that President-Elect Joe Biden will name Gary Gensler to be Chairman of the Securities and Exchange Commission (SEC). This move will likely drive stricter regulations on banks and lighter regulations on the crypto and blockchain industries. Also held yesterday was a session led by Real Clear Policy on the impact of a Biden Administration on cryptocurrencies. It featured Commissioner Hester Peirce, U.S. Securities & Exchange Commission Rep. Patrick McHenry (R-NC), Ranking Member, House Financial Services Committee Professor J.W. Verret, Antonin Scalia Law School, George Mason University Dr. Roslyn Layton, Senior Contributor on Tech Policy, Forbes See below for some highlights: Rep. McHenry on the Gary Gensler rumors: https://twitter.com/cryptolicy/status/1349105610688761857 Commissioner Peirce on Crypto Regulations: https://twitter.com/cryptolicy/status/1349093208580452352 Professor Verret on bipartisanship: https://twitter.com/cryptolicy/status/1349098154403246091 Dr. Layton on Ripple's XRP: https://twitter.com/cryptolicy/status/1349099241596215301 Commissioner Pierce on Privacy: https://twitter.com/cryptolicy/status/1349101860536393744 Dr. Layton on the Biden Administration: https://twitter.com/cryptolicy/status/1349102737796046852