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Gary Gensler, the head of the Securities and Exchange Commission, made a pitch for a higher budget Wednesday, telling lawmakers in the U.S. House of Representatives that he wants to do more as a cop on the cryptocurrency beat. He cited the collapse of TerraUSD (UST) as evidence for the need to better protect crypto investors.
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SEC’s Gensler Uses Crypto Oversight Needs As Case for Higher Budget
Published on May 18, 2022
