Cryptocurrencies
SEC Chief Renews Vow to Crack Down on Crypto Industry Rule-Breakers
- Gensler pushing for brokers, exchanges to register with SEC
- He says some firms are well aware of regulators’ demands
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US Securities and Exchange Commission Chair Gary Gensler is going back on the offensive against those in the crypto industry that he says are purposefully shirking regulations.
Gensler on Thursday repeated his demands that crypto exchanges, brokers and attorneys in the digital-coin industry comply with securities rules. It’s the latest salvo by the SEC chief in his push to clamp down on an asset class that he says often operates in legal gray areas.