“I’ve asked staff to look at every way to get these platforms inside the investor protection remit,” said the SEC chairman. crypto cryptocurrency bitcoin
SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regulated to Ensure Investor Protection
Gensler said that he’s hopeful cryptocurrency trading platforms will take steps to become more directly regulated in the coming months. The chairman emphasized that additional oversight of crypto trading platforms is crucial for crypto investors to get the same kind of protection they have when trading stocks or other regulated financial instruments.
If the trading platforms don’t come into the regulated space, it’d be another year of the public being vulnerable.
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