SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’ By Cointelegraph
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SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’United States Securities and Exchange Commission chair Gary Gensler supports legislation that gives the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn’t step on the SEC’s toes.
In written remarks for a Thursday program hosted by the Practising Law Institute, Gensler encouraged intermediaries in the crypto space as well as crypto security token projects and potentially stablecoins to register with the SEC, reiterating his “come in and talk to us” approach. According to the SEC chair, the “vast majority” of the roughly 10,000 tokens on the cryptocurrency market were securities subject to the agency’s regulatory purview and likely needed legislation to ensure investor protection.
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SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’United States Securities and Exchange Commission chair Gary Gensler supports legislation that gives the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn’t step on the SEC’s toes.
In written remarks for a Thursday program hosted by the Practising Law Institute, Gensler encouraged intermediaries in the crypto space as well as crypto security token projects and potentially stablecoins to register with the SEC, reiterating his “come in and talk to us” approach. According to the SEC chair, the “vast majority” of the roughly 10,000 tokens on the cryptocurrency market were securities subject to the agency’s regulatory purview and likely needed legislation to ensure investor protection.
Continue Reading on Coin Telegraph
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