Based

Channels

Gary

Read

<div class="coingape"> 
 <p>Also Read: <strong>FTX Filing Details $199 Mln Sam Bankman-Fried Real Estate Empire</strong></p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div> 
  <div id="my-banner-ad" class="d-inline-block"></div> 
 </div> 
 <h2 id="us-sec-s-enforcement-based-crypto-approach">US SEC’s Enforcement Based Crypto Approach</h2> 
 <p>The <a rel="noopener noreferrer nofollow" title="Crypto exchange" href="https://thebittimes.com/tag/crypto-exchange.html">Crypto exchange</a> had warned that the only way to avoid risking the loss of jobs in the industry is to take an immediate legislative approach to out an end to the SEC’s overreach. It said the regulatory uncertainty of the enforcement only approach puts 4 million jobs at risk by 2030. The regulation by enforcement is putting the US at risk of losing out on 1 million developer jobs and 3 million related non-technical jobs over the next 7 years as web 3.0 development shifts overseas, the exchange explained in the statement.</p> 
 <blockquote> 
  <p>“A legislative approach to creating crypto regulation is the best way to ensure consumer protection, and also ensure that digital asset innovation and the jobs created by it remain in the US.”</p> 
 </blockquote> 
 <p><a rel="noopener noreferrer nofollow" title="Coinbase" href="https://thebittimes.com/tag/coinbase.html">Coinbase</a> too was a victim of the agency’s anti-crypto enforcement actions. In June 2023, the exchange was accused of operating as an unregistered broker, exchange, and clearing agency.</p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/7e58ad9c1a42839a3662e4795facbe5e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/11/7e58ad9c1a42839a3662e4795facbe5e.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/472515f3ab5ae759f4e49d6afa8bc33a.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/11/472515f3ab5ae759f4e49d6afa8bc33a.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [UPDATED]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/538437580b529f127562491e7213369a.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/11/538437580b529f127562491e7213369a.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Best Crypto Exchanges and Apps September 2023 </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/8f32e5e326a5041be0cd38c65f5c51f1.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/11/8f32e5e326a5041be0cd38c65f5c51f1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top Meme Coins to Buy Now: What You Need to Know</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/10/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/10/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <h2 id="xrp-lawsuit-verdict-will-it-come-up-during-hearing">XRP Lawsuit Verdict: Will It Come Up During Hearing?</h2>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p>It remains to be seen if the lawmakers would bring up the US SEC’s recent loss in the XRP lawsuit, wherein Judge Analisa Torres ruled that Ripple’s sale of tokens to retail buyers is not a securities transaction. Earlier, the agency has filed a reply memorandum of law in further support of its interlocutory appeal in the Ripple lawsuit.</p> 
 <p>Following the Senate hearing, <a rel="noopener noreferrer nofollow" title="Gary Gensler" href="https://thebittimes.com/tag/gary-gensler.html">Gary Gensler</a> is scheduled to speak at a virtual fireside chat event at the 15th Anniversary Lehman Collapse Conference.</p> 
 <p>Also Read: <strong><a rel="noopener noreferrer nofollow" title="Crypto Market" href="https://thebittimes.com/tag/crypto-market.html">Crypto Market</a> Selloff: Here’s Why ETH, XRP, SOL Prices Falling Sharply</strong></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/coinbase-warns-us-lawmakers-ahead-of-gary-gensler-hearing-tbt62322.html">https://thebittimes.com/coinbase-warns-us-lawmakers-ahead-of-gary-gensler-hearing-tbt62322.html</a></p>

Coinbase Warns US Lawmakers Ahead Of Gary Gensler Hearing

Table of Contents

TheBitTimes

Other articles published on Sep 11, 2023

Rollbit, Arbitrum, The Graph lead losses, Bitcoin dips below $25,000: Markets

Casio the Latest Japanese Firm to Enter NFT Arena – More to Follow?

On-Chain Detective Exposes Two Influencers’ Crypto Scams

Cryptopia Takes Gold Partnership at TOKEN2049

Liquidity in Crypto Markets Highly Concentrated Among Eight Exchanges

Hong Kong Real Estate Market Moves Towards Tokenization

Join our free newsletter for daily crypto updates!