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  7. SEC chairman Gensler leads crypto oversight push with $2.6 billion budget proposal

SEC chairman Gensler leads crypto oversight push with $2.6 billion budget proposal

The United States Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, has submitted a bold request for a $2.6 billion budget allocation for the fiscal year 2025. This substantial budgetary proposal is aimed at fortifying the SEC’s capacity to regulate the burgeoning cryptocurrency sector.  SEC’s strategic expansion The agency intends to utilize these…

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