I'm wondering if cryptocurrency exchanges are required to register with the Securities and Exchange Commission (SEC). Is this a necessary step for them to operate legally in the US?
5 answers
Dario
Wed Nov 20 2024
According to Gensler, some of the prominent crypto exchanges are potentially engaged in trading securities.
JessicaMiller
Wed Nov 20 2024
This implies that these exchanges must register with the SEC to comply with existing laws.
benjamin_rose_author
Wed Nov 20 2024
Gensler emphasized that the advent of new technology does not invalidate existing legal frameworks.
Andrea
Wed Nov 20 2024
SEC Chair Gary Gensler has expressed his views on the regulation of cryptocurrency exchanges.
CryptoMagician
Wed Nov 20 2024
Furthermore, he has advocated for stricter enforcement measures concerning stablecoins and other crypto tokens.