ZenMindful
Wed Jul 17 2024
|
5 answers
1086
Are crypto exchanges under SEC jurisdiction?
In recent years, the cryptocurrency market has experienced explosive growth, attracting the attention of regulators worldwide. This begs the question: are crypto exchanges, which facilitate the buying, selling, and trading of digital currencies, under the jurisdiction of the Securities and Exchange Commission (SEC)? The SEC is a powerful regulatory body that oversees the securities market in the United States, but does its authority extend to the realm of cryptocurrencies? As the market continues to evolve, it's crucial to understand the legal framework surrounding crypto exchanges and whether they fall under the SEC's purview. This is not only a matter of compliance but also a question of consumer protection and market stability.
