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Murtuza Merchant

Regulating Crypto: SEC Chief Takes The Lead, Republicans Lag Behind

SEC Crypto Republican Maxine Waters Republican Party Gary Gensler Omar Marques Patrick McHenry CFTC Ethereum

POLAND - 2023/07/31: In this photo illustration an Ethereum logo seen displayed on a smartphone with stock market percentages on a laptop screen. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)

POLAND – 2023/07/31: In this photo illustration an Ethereum logo seen displayed on a smartphone with stock market percentages on a laptop screen. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)

U.S. Securities and Exchange Commission chief Gary Gensler is taking the lead in regulating the crypto industry, while Republicans have yet to propose any restraints on his authority.

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