Gensler Addresses Congress on AI, Crypto, and Cybersecurity
SEC Chair is poised to discuss how the regulatory body is adapting its rules to align with the “technology and business models of the 2020s.”
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Here are some key highlights from his opening remarks:
“As I’ve previously said, without prejudging any one token, the vast majority of crypto tokens likely meet the investment contract test.”
“Most crypto intermediaries have to comply with securities laws as well.”
“We live in an historic, transformational age regarding predictive data analytics and the use of artificial intelligence.”
The heading before the U.S. Financial Services Committee will take place today.
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