Securities and Exchange Commission Chairman Gary Gensler is doubling down on his claim that most cryptocurrencies constitute securities as the administration looks to regulate digital assets. The chairman continues to stake claim for the agency’s authority and oversight amidst a debate over which financial regulators should oversee crypto. “Most crypto tokens involve a group of entrepreneurs raising money from the public in anticipation of profits — the hallmark of an investment contract or a security under our jurisdiction,” Gensler said in speech Wednesday on reducing risk and increasing transparency of derivatives ... (full story)