The chairman of the US Securities and Exchange Commission (SEC) has renewed his call to regulate cryptocurrency exchanges.
During the Global Exchanges & FinTech virtual conference hosted by Piper Sandler, Gary Gensler called for the creation of a federal regulatory regime to ensure investor protection:
While the SEC warned Congress last month about fraud and market manipulation, it also called on crypto trading platforms to bring regulatory clarity.
Gensler said in a recent CNBC interview that crypto assets should have the same protection as stocks and commodities:
Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.