您现在的位置是:SEC Chair Gensler says crypto exchanges must register >>正文
SEC Chair Gensler says crypto exchanges must register
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛26878人已围观
简介US Securities and Exchange Commission (SEC) Chair Gary Gensler has severally pointed out that crypto...
US Securities and Exchange Commission (SEC) Chair Gary Gensler has severally pointed out that cryptocurrency exchanges and trading platforms cannot be treated differently from traditional stock exchanges.
And amid the increased regulatory spotlight on crypto, helped by recent events, the SEC boss has renewed that call.
In a video he sharedon Twitter, Gensler says crypto platforms will better protect customers – and see further growth as a result – if they embrace regulatory compliance.
According to Gensler, digital asset platforms (like regulated stock markets) can help protect millions of users against aspects such as “manipulation, fraud and front running,” if they are registered and properly regulated.
“With so many retail customers trading on crypto platforms, we should make sure that those platforms offer similar protections,” he noted, adding that SEC staff have been mandated to pursue registration of these crypto platforms. The key, he explained, is to ensure the exchanges are regulated as securities platforms where appropriate.
We have rules in our capital markets to safeguard market integrity & protect against fraud & manipulation. If a company builds a crypto market that protects investors & meets the standard of our market regulations, people will more likely have greater confidence in that market. pic.twitter.com/ZxdBfvmqXP
— Gary Gensler (@GaryGensler) July 28, 2022
Conflict of interest?
Gensler also pointed out that with crypto exchanges also acting as market makers, potential conflict of interest could harm investors. As such, he has asked staff at the securities watchdog to find what’s possible with regard to “segregating out” the market making functionality from the digital asset platforms.
If the traditional exchanges don’t do this – market making – why should crypto platforms be any different?
“Look, there’s no reason to treat the crypto market differently, just because a different technology is used,” he pointed out.
Gensler’s comments come days after he reiterated the need to have crypto exchanges and lending platforms offer more disclosures as part of basic consumer protection. They also come amid reports the SEC is investigating crypto exchange Coinbase over the listing of securities tokens.
Coinbase refutes these claims and alongside several industry players, say the agency is engaging in “regulation by enforcement.”
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/1257.html
相关文章
The rise and fall of Internet Computer: How ICP imploded
SEC Chair Gensler says crypto exchanges must registerInternet Computer is a major blockchain project valued at over $1 billion.ICP’s token has slum...
阅读更多
Bitcoin price prediction as the US dollar index plummets
SEC Chair Gensler says crypto exchanges must registerBitcoin price has been in a tight range in the past few weeks.Bitcoin’s fear and greed index h...
阅读更多
KuCoin hits 20M client milestone, records 219% increase y/y
SEC Chair Gensler says crypto exchanges must registerWorld-leading cryptocurrency exchange KuCoin has reached an important milestone: it now has 20 milli...
阅读更多
热门文章
- Airbus first ZEROe engine fuel cell set for hydrogen flight
- Scientists use the language of molecules to accelerate material and drug discovery
- EU researchers power nanosatellites with high
- Tel Aviv court allows Israel to seize crypto in over 150 blacklisted wallets
- World's first AI binoculars can recognize 9,000 bird species
- Ripple (XRP/USD) fails to mount a comeback despite whale accumulation
最新文章
Skilled jobs to be most impacted by AI ‘revolution,’ reveals OECD report
Should you buy Axie Infinity as the price shoots 6% amid crypto recoveries
US wants to use CL
‘Bond of trust’ can see humans and robots working together, says AI expert
Are fan tokens dead? Are sports tokens good investment?
Is Lido a good crypto to buy as it defies gravity?