Rep. Waters Criticizes SEC Chair Gensler Over Cryptocurrency Regulation

House Financial Services Committee Ranking Member Maxine Waters criticized U.S. Securities and Exchange Commission Chair Gary Gensler’s approach to cryptocurrency regulation as Democrats’ odds of gaining control of the U.S. House of Representatives have improved, CoinDesk reported. The comments underscore ongoing disagreements between lawmakers and the SEC over the scope and direction of federal oversight of digital assets, according to the report.