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SEC will increase control over BTC exchanges

by Vaibhav
January 23, 2022
in News
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SEC will increase control over BTC exchanges
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The U.S. Securities and Exchange Commission (SEC) plans to make cryptocurrency exchanges the main focus as part of tightening measures against digital assets, reports Bloomberg.

In the coming months, digital asset trading platforms will take steps to be “more specifically” regulated by the agency, according to SEC Chairman Gary Gensler.

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Genser also added that additional oversight will be a crucial tool to provide crypto investors with the same protections they receive when trading stocks or other traditional assets.

See also  Euler Finance hit by flash lending attack

Recall that earlier Gensler urged Congress to develop a regulatory framework for bitcoin exchanges and expand on the platform investor protection rules.

He repeatedly invited trading platforms for dialogue with the SEC.

The SEC message will tighten control over BTC exchanges appeared first on mycrypter.com.

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