Gensler under Fire : Trump to Bring Pro-crypto SEC & CFTC Leaders

BitcoincomNews

2024-11-15 19:04:37

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Regulatory uncertainty in the crypto world is heating up, and the latest controversy has thrown Ethereum (ETH) into the spotlight. A recent letter from Republican lawmakers to SEC Chair Gary Gensler and FINRA CEO Robert Cook raises questions about Prometheum Capital’s custody services for ETH. The twist? While the SEC previously suggested that ETH isn’t a security, Prometheum has classified it as one, causing a storm of confusion. Is this a regulatory failure—or something bigger? Trump on the other hand plans to bring pro-crypto leaders into power at the SEC and CFTC.

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