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Cryptopedia

Cryptopedia

Chairman of the US SEC stated that SEC hoped to jointly supervise the cryptocurrency exchange with CFTC

Gary Gensler, chairman of the Securities and Exchange Commission(SEC), said that the Commission was studying how to optimize the registration method of cryptocurrency trading platforms. For months, Gensler has been urging some head crypto trading platforms to accept the supervision of SEC. Speaking at an event hosted by the University of Pennsylvania Law School, Gensler said that these cryptocurrency platforms play a similar role to traditional regulated exchanges, so investors should be protected in the same way. Gensler added that he had asked his staff to work with the CFTC committee to find ways to register and regulate platforms intertwined with securities and non securities transactions.
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