Cryptocurrencies
SEC Weighs Waiving Some Rules to Regulate Crypto, Gensler Says
- Disclosures can be tailored for digital firms, he says
- Crypto industry facing headwinds from market downturn
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Wall Street’s top regulator may use its authority to exempt crypto companies from certain securities laws to help the industry come into compliance, Securities and Exchange Commission Chair Gary Gensler said Thursday.
“We do have robust authorities from Congress to use our exemptive authorities that we can tailor” for disclosure and investor protection, Gensler said during an interview with Yahoo! Finance.