By John E. Deaton, Founder and Host, CryptoLaw.
The U.S. Senate Committee on Banking, Housing and Urban Affairs will hold a hearing today at 10:00am E.T., on the confirmation of Gary Gensler to Chair the U.S. Securities and Exchange Commission.
Every digital asset holder in the U.S. must understand that the next SEC chair will be the most important appointment in the history of cryptocurrencies. The future of crypto and our future as holders and investors will ride on the actions, and inactions, of the SEC in the next four years.
As the former Chair of the Commodity Futures Trading Commission and an MIT professor who is well versed in blockchain technology, Gensler should know the importance of nurturing innovation.
He should sit down in good faith with cryptocurrency investors, project developers and companies building blockchain products and get to work with the rest of the Administration on the regulatory framework for digital assets that this country urgently needs.
So here are two things that every U.S. digital asset holder should do:
- Watch the hearing at this link. And pay close attention — not only to Gensler’s answers and responses, but also of whether the senators on that committee are representing your concerns and your interests or not. Are they standing up for you? Are they paying attention?
- Make your voice heard. Here are the members of the Senate Banking Committee, and how you can reach them on Twitter.
Don’t be shy.
Let them hear you:
Sherrod Brown (D-OH), Chairman: @SenSherrodBrown
Jack Reed (D-RI): @SenJackReed
Bob Menendez (D-NJ): @SenatorMenendez
Jon Tester (D-MT): @SenatorTester
Mark Warner (D-VA): @SenatorWarner
Elizabeth Warren (D-MA): @SenatorWarren
Chris Van Hollen (D-MD): @ChrisVanHollen
Catherine Cortez Masto (D-NV): @SenCortezMasto
Tina Smith (D-MN): @SenTinaSmith
Kyrsten Sinema (D-AZ): @SenatorSinema
Jon Ossoff (D-GA): @Ossoff
Raphael Warnock (D-GA): @ReverendWarnock
Pat Toomey (R-PA), Ranking Member: @SenToomey
Richard Shelby (R-AL): @SenShelby
Mike Crapo (R-ID): @MikeCrapo
Tim Scott (R-SC): @SenatorTimScott
Mike Rounds (R-SD): @SenatorRounds
Thom Tillis (R-NC): @SenThomTillis
John Kennedy (R-LA): @SenJohnKennedy
Bill Hagerty (R-TN): @SenHagerty
Cynthia Lummis (R-WY): @SenLummis
Jerry Moran (R-KS): @JerryMoran
Kevin Cramer (R-ND): @SenKevinCramer
Steve Daines (R-MT): @SteveDaines