Posts in Virtual Currency.
The price of Bitcoin recently topped $57,000. New York’s Attorney General issued an Investor Alert on Virtual Currency Risks, as did the SEC’s Division of Examinations. The SEC’s “crypto-mom,” Commissioner Hester Peirce has been speaking on it daily, and Chair-nominee Gensler touches on it in his March 2 remarks before the Senate Banking Committee.
SEC Chair Nominee Gary Gensler’s prepared remarks for his March 2 hearing before the Senate Banking Committee indicate he will focus on FinTech:
Markets—and technology—are always changing. Our rules have to change ...