Gary Gensler, the chairman of the U.S. SEC has been asked by the United States Senator to provide clarity on regulatory guidance on cryptocurrency. As stated by the senator, in several enforcement actions the SEC has failed to notice the involvement of securities or genuine reason for cryptocurrency status as securities. This would have led to more clarity on regulations. SEC chairman to provide clarity on crypto regulation Concerning the matter of cryptocurrency regulation, a letter was written to the U.S SEC chairman Gary Gensler by Pat Toomey, member of the U.S. Senate Committee on Urban Affairs, Banking, and Housing. In the letter, U.S. Senator Toomey mentioned expressing his concern about the clarity in cryptocurrency regulation around rising digital money technology, cryptocurrencies. It does not include only Bitcoin, but also stablecoins. The senator came prepared with his volley of questions that U.S SEC chairman Gary is supposed to answer on those. It is all ...