Odaily Planet Daily News: At the U.S. House of Representatives Digital Assets Group's oversight hearing on the U.S. Securities and Exchange Commission (SEC) on digital asset regulation, Patrick McHenry, chairman of the House Financial Services Committee, repeatedly asked SEC Chairman Gary Gensler "Is ETH a commodity or a security?" Gary Gensler repeatedly refused to give a clear answer. Patrick McHenry believes that Gary Gensler's climate disclosure rules and its enforcement of digital asset regulation have weakened the capital market and stifled innovation. Gensler said that climate information disclosure rules are not aimed at small businesses.
