Defiant Gensler to Revisit Crypto Grievances in Senate, Despite XRP, Grayscale Setbacks

While Gensler will be highlighting recent enforcement actions and two of the agency’s rule proposals that effect crypto firms – a proposal on custody and one on redefining the exchange definitions to formally incorporate crypto platforms – he’ll also advise the lawmakers he won’t be able to talk about any “active, ongoing litigation,” which potentially sets aside the topics the industry is most eagerly watching, like the SEC’s high-profile cases against Coinbase and Binance.