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News Explorer — Expect More SEC Crypto Crackdowns This Month, Experts Say

Generated by AI, curated by humans

Sep 13, 2:52 pm

DL News

Expect More SEC Crypto Crackdowns This Month, Experts Say

The Securities and Exchange Commission (SEC) tends to launch more legal attacks in September, according to the crypto lobbying group Blockchain Association. This is because the SEC's fiscal year ends on September 30, and the agency wants to show its productivity to secure more funding from Congress. SEC Chair Gary Gensler is requesting $2.6 billion for 2025 to strengthen the agency's team and regulate the crypto markets.

The Securities and Exchange Commission (SEC) tends to launch more legal attacks in September, according to the crypto lobbying group Blockchain Association. This is because the SEC's fiscal year ends on September 30, and the agency wants to show its productivity to secure more funding from Congress. SEC Chair Gary Gensler is requesting $2.6 billion for 2025 to strengthen the agency's team and regulate the crypto markets.

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