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Podcast: The Crypto Show
Episode: Crypto Firms Seek SEC
Description: Robinhood and Coinbase, two prominent cryptocurrency companies, testified before the U.S. House of Representatives, revealing their efforts to comply with the Securities and Exchange Commission (SEC) regulations. They claimed to have sought the SEC's guidance and assistance in registering properly but were denied. The companies emphasized their willingness to comply, but the SEC's lack of response or clear direction has frustrated their efforts. The SEC's Chair, Gary Gensler, has repeatedly called on crypto firms to come forward and register. The debate around SEC regulation of crypto exchanges is further complicated by recent approvals of digital-assets broker-dealers by the Financial...