Watching the recent congressional hearing with Gary Gensler was nothing short of intense. The frustration and criticism from lawmakers were palpable, with some even likening him to the “Tonya Harding of securities regulation.” The SEC’s failure to approve spot Bitcoin ETFs and their vague stance on crypto regulation were front and center. It’s encouraging to see bipartisan efforts to hold the SEC accountable, but it’s disheartening to witness the politicization of crypto in Congress. Still, it’s clear that the crypto community’s concerns are finally being voiced at the highest levels. While change may not happen overnight, this scrutiny and the ongoing legal battles may eventually bring much-needed clarity and progress to the crypto space. Your thoughts on this matter are essential, so please share them in the comments below. Don’t forget to subscribe and like if you found this analysis insightful.

    https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=408983

    Intro 00:00
    Tom Emmer goes after Gary 00:20
    Republicans send letter to Gary Gensler 1:00
    “Tonya Harding of regulation” 1:30
    Congressional subpoena to Gary?! 2:40
    Is a Pokemon card a security? 4:00
    Bitcoin ETF approval? 5:35
    “Bitcom” is politicized 7:50
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    44 Comments

    1. Gary is being criticized by congress on losing so many cases, sued by multiple crypto companies and now threatened subpoena!
      This isn't a mistake or negligence. There are clearly bigger players controlling Gary against the will of the people, congress, the SEC itself and every upcoming Presidential candidate.
      This will end, but only when the big players are ready or Gary is removed.

    2. No one got crasjed, he dont care. His job is to wreck lambo boiz and he exactly douing it for months with huge succes. This clown show changes nothing. Congress are the real clowns fishing for visibility before elections.

    3. I think if Gary keeps taking big L’s and small wins and once blockrock and the rest of the big monies are ready he’ll be gone. Then depending on what is said in the SBF trail even if not pertained to the trial if he slips up something people will notice.
      Plus Gary on interviews has become more slow and more chosen with his word use. He’s not so free to speak I would say.

      So me personally, I can see him out around the new year especially if Bidens power is pretty much gone for the re-election year. Zero shot he can keep gas low using our oil reserves.

    4. Dan if you think that Gensler gives even half a f**k about what some congressman thinks you are kidding yourself lol. 😂

      He’s safe until the next administration which is 15 months away. Republicans – while they have a point – they are just grandstanding to build a case against the Dems.

      Means nothing anyway – contracting liquidity = contracting crypto 😂

    5. The Sad (funny) part was the Dems using this opportunity to say over and over again how bad those mean Ultra MAGA Republicans are going to shut down government and then Gary can't do his job. Or belched out the Climate change agenda like the SEC has anything to do with it. Gary even said he wasn't the EPA. The bright spot was the Republicans who were standing up to him and even threatening him with a subpoena. It's my opinion Gary will never approve a Spot ETF. Congress must step in and change how the SEC works.

    6. It’s shame they are ok with the millions of families that are about be homeless and starving because of their economic blunders for the last decades

    7. It's intriguing how this clown embraces a paper Pokémon card but hesitates when faced with its digital equivalent. Anyone who knows about Pokémon cards knows you can make a profit from a physical car just as much as you can make money of a digital one, if one existed.

    8. Of course it will happen. Eventually all of the fossils will be gone and crypto will get clear regulation. The mere fact that congress is having hearings is showing that there is progress being made. We are still early.

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