Cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. exchanges could face increased scrutiny from the SEC, Gensler’s remarks suggest.
The president of the U.S. Securities and Exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. Commission (SEC) Gary Gensler, said yesterday that he is hopeful that crypto trading platforms will take steps in the coming months to be more directly regulated by U.S. financial regulators. This additional scrutiny is crucial for crypto trading platforms. or crypto investors to get the types of protections they get when trading stocks or other assets said Gensler, as reported by Bloomberg.
“I asked staff to look at all ways to bring these platforms within the scope of investor protection.” Gensler told reporters at a virtual news conference. “If commercial platforms don’t get into the regulated regulation is when something is controlled by a specific set of rules. space, it would be another vulnerable year for the public.”
Last year, Gensler said on countless occasions that there was a need to regulate the crypto market an area or arena, online or offline, in which commercial dealings are conducted. , así como perseguir a los malos actores del sector. Sin embargo, en octubre dejó claro que did not plan to ban cryptocurrencies .
At the end of 2021, the SEC hired a new senior advisor, whose primary role is to advise Chairman Gary Gensler on cryptocurrency regulations. The new executive’s name is Corey Frayer, and he previously worked at. “issues such as consumer and investor protection”.
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