- Gary Gensler has faced criticism for over four hours during a hearing on cryptocurrency.
- Members of the Committee have openly stated that Gensler had been doing a poor job.
- Gensler has stood firm on his view of strict U.S. securities laws.
In a lengthy four-hour testimony before the House Financial Services Committee, Gensler reiterated his unwavering stance that crypto trading platforms and exchanges must comply with strict U.S. securities laws.
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