US Financial Services Committee Chair Patrick McHenry slammed Securities and Exchange Commission (SEC) Chairman Gary Gensler for his stand on Ethereum (ETH). McHenry issued a statement on Tuesday saying there is evidence that shows Gensler “knowingly misled” the Congress on Ethereum’s status. With the Ethereum Spot ETF application deadline drawing close, market participants are keeping an eye on the SEC’s stance on Ether about whether the altcoin should be considered a security. A statement issued by US Financial Services Committee Chair Patrick McHenry points towards Chair Gensler’s actions on Ether’s status as a ... (full story)