The former chair of the U.S. House of Representatives’ Financial Services Committee, Patrick McHenry, said that the current regulators are “very interested in innovation.”
McHenry added, “It’s not the Gensler regime,” in comments summarizing the difference in approach from the previous period.
The statement comes amid anticipation in the digital assets community regarding the regulators’ stance on innovation, and whether this will be reflected in clearer rules and compliance.
Statements of this kind may shift market expectations, but they still do not provide any new legislative or regulatory details.
Someone else beat you to it and is following. Enter my profile and stay with what the readers see before the news goes viral.
McHenry added, “It’s not the Gensler regime,” in comments summarizing the difference in approach from the previous period.
The statement comes amid anticipation in the digital assets community regarding the regulators’ stance on innovation, and whether this will be reflected in clearer rules and compliance.
Statements of this kind may shift market expectations, but they still do not provide any new legislative or regulatory details.
Someone else beat you to it and is following. Enter my profile and stay with what the readers see before the news goes viral.
