The SEC Has Declared War Against Digital Assets

The SEC Has Declared War Against Digital Assets
Securities and Exchange Commission (SEC) Chair Gary Gensler listens during a meeting at the U.S. Treasury Department in Washington on Oct. 3, 2022. Anna Moneymaker/Getty Images
Michael Wilkerson
Updated:
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Commentary
The Financial Services Committee of the U.S. House of Representatives met last week to conduct an oversight hearing on the Securities and Exchange Commission (SEC). While many topics were covered in this marathon session, by far the most important, and the impetus for the hearing, was a growing concern by both Republican and Democrat members of the committee that the SEC is weaponizing its enforcement powers to attack and undermine the developing market for digital assets, also known as cryptocurrencies or tokens.
Michael Wilkerson
Michael Wilkerson
Author
Michael Wilkerson is a strategic adviser, investor, and author. He's the founder of Stormwall Advisors and Stormwall.com. His latest book is “Why America Matters: The Case for a New Exceptionalism” (2022).
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