McHenry loses patience with SEC's Gensler on defining Ether: 'You won't answer my question, and you're the head of that agency'

The chair of the House Financial Services Committee and the chair of the SEC still do not agree on Ether—or how that lack of agreement affects markets.

Highlights

• U.S.
• Rep.
• Patrick McHenry (R-N.C.)
• asks the head of the Securities and Exchange Commission about Bitcoin.
• The SEC chair, Gary Gensler, has long insisted that all cryptocurrencies, except Bitcoin, are securities.
• McHenry: “I’m asking you a very simple question about the second-largest digital asset.

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