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SEC chair hints at greater regulatory oversight for US crypto exchanges

Gary Gensler said a regulatory framework for digital assets from the SEC or CFTC “could instill great confidence” for investors.
Recently confirmed U.S. Securities and Exchange Commission chair Gary Gensler punted to congress on providing more regulatory oversight to the crypto space, but also said the commission would act within its purview. In a virtual hearing held by the House Financial Services Committee today, North Carolina Representative Patrick McHenry asked Gensler what the regulatory body would be doing to ensure a “vibrant digital asset marketplace with legitimate money and the rule of law.” McHenry highlighted collaborations across regulatory agencies regarding digital assets and cryptocurrencies.Gensler said the crypto market could benefit from “greater investor protector” within the Securities and Exchange Commission’s, or SEC’s, current authority around securities and other financial products. H

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Źródło: https://cointelegraph.com/news/sec-chair-hints-at-greater-regulatory-oversight-for-us-crypto-exchanges

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