SEC Chairman Gary Gensler won’t change his mind: crypto exchanges have no choice, they must adapt to regulations

SEC Chairman Gary Gensler won’t change his mind: crypto exchanges have no choice, they must adapt to regulations

Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), does not seem at all willing to change his opinion regarding the regulation of crypto exchanges. 
According to Gensler, crypto platforms are only one group of intermediaries required to comply with the existing law. On the other hand, some exchanges have already pronounced the risk of their exit from the US market. 
Full details below. 
Gary Gensler: Will the SEC Chairman’s attitude weaken American innovation on the crypto front? 
As anticipated above, US Securities and Exchange Commission (SEC) Chairman Gary Gensler said during testimony before the House Financial Services Committee that the agency will continue to insist that crypto platforms comply with the strict laws imposed. 
Faced with Gensler’s uncompromising approach, the committee’s chairman, Patrick McHenry, said the regulator’s aggressive approach could drive such companies away from the United States and consequently hinder innovation

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We współpracy z: https://en.cryptonomist.ch/2023/04/20/sec-gary-gensler-against-crypto-exchanges/

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