ChainCatcher message, former SEC Chairman Jay Clayton stated in an interview with CNBC: "If Musk wants to use 20% of his energy to make America better, we should figure out how to make that happen. We should have ethical rules, transparency, etc., but we should not prevent Musk from joining the Trump administration."

ChainCatcher news, according to Coindesk, the current SEC Chairman Gary Gensler's term is set to expire on January 5, 2026, but traditionally, if the opposition party takes over the White House, the chairman will choose to resign. However, if Trump successfully wins the next U.S. presidential election, and if Gary Gensler decides to stay, he can also complete his commissioner term.Recently, when a reporter asked if he would resign if Trump won, Gary Gensler chuckled softly, stating that he would not comment on the election, but he added, "Elections have consequences."

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) announced that Terraform Labs PTE, Ltd. and Do Kwon have agreed to pay over $4.5 billion.SEC Chairman Gary Gensler stated, "This case reaffirms the repeatedly stated fact: the economic substance of a product, not its label, marketing, or hype, determines whether it is a security under the securities laws. The fraud committed by Terraform and Do Kwon serves as a reminder that when companies break the law, investors suffer."

ChainCatcher news, Fox reporter Eleanor Terrett posted on the X platform stating that SEC Chairman Gary Gensler mentioned that due to the permissionless nature of blockchain, DeFi faces challenges in enforcing anti-money laundering laws.

ChainCatcher News, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler stated on Wednesday that the timing of when a spot ETF linked to the cryptocurrency Ethereum will begin trading largely depends on how quickly the issuers respond to the SEC's inquiries. He said, "These registrants will actively respond to the comments they receive, but the extent of the response actually depends on themselves." Gensler declined to disclose whether he believes this process will take weeks or months.Gary Gensler and SEC officials had previously not commented on why the SEC had a significant change in attitude and approved the application for a spot Ethereum ETF, but he stated on Wednesday that the lawsuit filed by Grayscale last year forced the SEC to approve the spot Bitcoin ETF in January, which influenced the SEC's view on Ethereum.

ChainCatcher news, according to The Block Pro, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler stated: "I believe the SEC has legal tools in the realm of cryptocurrency securities, and without bias, not all crypto tokens are securities."

ChainCatcher news, according to Jinshi reports, SEC Chairman Gensler: The U.S. Securities and Exchange Commission (SEC) is committed to complying with the legal requirements for cryptocurrency ETF applications.

ChainCatcher news, SEC Chairman Gary Gensler stated on Wednesday that the Financial Innovation and Technology for the 21st Century Act (referred to as "FIT 21") will harm investor interests and hinder the work of the SEC.He said, "FIT 21 will create new regulatory gaps, undermining decades of precedent regarding the regulation of investment contracts, exposing investors and capital markets to immeasurable risks."FIT21 is a bill jointly proposed by the House Agriculture Committee and the House Financial Services Committee, aimed at clarifying how the SEC and the Commodity Futures Trading Commission (CFTC) regulate cryptocurrencies. The bill creates the term "digital commodities" for digital assets that do not meet the definition of securities, placing these assets under the jurisdiction of the CFTC.

ChainCatcher news, according to CNBC, during an interview, SEC Chairman Gary Gensler stated that the SEC oversees a capital market of $110 trillion, of which about half is the stock market and half is the bond market and other markets. Cryptocurrency is just a small part of the entire market. But it represents a huge portion of scams, fraud, and issues in the market, as much of what exists in this space does not comply with the protections of securities laws.The SEC cannot talk to any one company, but stepping back, in the realm of crypto assets, without prejudging any of them, according to the interpretation of the U.S. Supreme Court, many of these tokens are securities as defined by local laws, so we comply with that law, while investors do not receive the necessary disclosures about these assets.

ChainCatcher news, according to Walter Bloomberg, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler stated that under securities law, most tokens are securities.

ChainCatcher news, the head of the Financial Supervisory Service of Korea, Lee Bok-hyeon, will meet with SEC Chairman Gary Gensler next month to discuss cryptocurrency regulation issues.

ChainCatcher News, Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), stated in an interview with CNBC on Thursday that the agency's "new perspective" on Bitcoin spot ETF applications takes into account recent court rulings.Gensler said, "We have previously rejected some of these applications, but the D.C. Circuit Court has weighed in on this. Therefore, we are re-evaluating the issue based on the court's ruling."In August of this year, three judges from the U.S. Court of Appeals for the D.C. Circuit ruled that the SEC must re-examine Grayscale's application to convert its Bitcoin spot ETF. Last year, Grayscale sued the SEC after its conversion plan for its flagship fund GBTC was rejected. The court specifically pointed out the SEC's differential treatment of Bitcoin spot ETFs and futures ETFs.

ChainCatcher News, SEC Chairman Gary Gensler remained silent when asked by reporters whether the crypto industry would soon see any action on spot Bitcoin ETF applications. In his speech, he stated that he would not "prejudge" the matter and reiterated his position that Bitcoin is considered a commodity, while also expressing concerns about the entire crypto industry.

ChainCatcher news, SEC Chairman Gensler stated that the U.S. Securities and Exchange Commission has received 8-10 filings regarding potential Bitcoin exchange-traded products.

ChainCatcher News, during an interview with Bloomberg, SEC Chairman Gary Gensler stated, "Currently, the SEC has 8 to 10 Bitcoin spot ETF filings that need to be reviewed. These applications are not merely formal; they require extensive consideration from various departments within the SEC, with insights provided by the Treasury Department, while the Trading and Markets Division carefully reviews the submitted materials."When asked about the likelihood of ETF approval, Gensler responded that he could not comment on the ongoing review and that he personally would not prejudge the outcome of the process.

ChainCatcher news, SEC Chairman Gary Gensler stated that the SEC is still weighing the proposals for Bitcoin spot ETFs and is in communication with companies applying for Bitcoin spot ETFs. (Jin Ten)

ChainCatcher news, according to Bloomberg, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler stated that due to the possibility of the federal government shutting down at the end of this month, the SEC's regulatory activities will be severely limited and may be unable to perform some basic functions.However, Gensler downplayed the notion that a shutdown would cause significant market disruption. He stated, "The Treasury market will still operate, and the stock market will continue to trade. It's just that there will be a lack of market oversight."It is reported that the U.S. government is facing a shutdown crisis unless Congress reaches an agreement and passes a spending bill before the end of this month. Under Gary Gensler's leadership, the SEC has initiated multiple lawsuits against the cryptocurrency industry this year.

ChainCatcher news, according to Bloomberg, SEC Chairman Gary Gensler stated that the SEC is reviewing the ruling on Grayscale and the Bitcoin ETF application.

ChainCatcher news, according to The Block, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), will attend a hearing of the U.S. Senate Banking Committee on Tuesday. He continues to assert that cryptocurrencies must adhere to the same laws as other securities like stocks, and that many cryptocurrencies fall under the SEC's jurisdiction.He released a prepared testimony on Monday: "Given the industry's widespread non-compliance with securities laws, it is not surprising that we see many issues in the market. This is reminiscent of the situation before the implementation of the federal securities laws in the 1920s. Therefore, we have taken a series of enforcement actions to hold wrongdoers accountable and promote investor protection—some have been settled, and some have been litigated."