SEC Chairman Jay Clayton To Testify Before Senate On Initial Coin Offeringsbr>
The chairman of the US Securities and Exchange Commission will testify before the US Senate Committee on Banking, Housing and Urban Affairs on Tuesday. The topic will be the oversight role of the SEC and the Commodities Futures Trading Commision (CFTC), both of whom have been ramping up enforcement on the digital currency industry.
Clayton’s remarks have been released to the public in advance of the hearing. Read the full testimony here.