Cryptocurrency exchanges will be the main focus for the US Securities and Exchange Commission (SEC) as part of tightening measures against digital assets, writes Bloomberg.
SEC Chairman Gary Gensler expressed hope that digital asset trading platforms will take steps in the coming months to be “more specifically” regulated by the agency.
Additional oversight is critical to giving crypto investors the same protections they get when trading stocks or other traditional assets, he said.
Earlier, Gensler called on Congress to develop a regulatory framework for bitcoin exchanges and expand investor protection rules to platforms.
He repeatedly invited trading platforms to dialogue with the SEC
In his opinion, regulation is necessary for the survival of cryptocurrencies. The Commission does not plan to ban digital assets.
Recall that in November 2021, Congressman Glenn Thompson submitted for public discussion a bill providing for a voluntary regulatory regime for crypto exchanges under the auspices of CFTC.