Does the SEC regulate cryptocurrency?
SEC Chair Gary Gensler has made clear that the agency intends to be the lead regulator of the US crypto market. Gensler said on Sept. 8 that the SEC will be aggressively policing crypto tokens and intermediaries.
What will the SEC's new regulations mean for the crypto market?
This clarity is expected to take the form of SEC rules for reporting requirements and audit trails. “Until they get that (regulation clarity), institutional investors will have to sit on the sidelines,” he says. SEC regulations will pave the way for their entry and provide much-needed liquidity to cryptocurrency markets.
Is regulation coming for cryptocurrencies?
Rakesh Sharma is a writer with 8+ years of experience about the intersection between technology and business. Rakesh is an expert in investing, business, blockchain, and cryptocurrencies. A major reason for the phenomenal growth of cryptocurrency markets in recent years has been the absence of regulation. That might change soon.
What does the SEC’s proposed rule change mean for alternative trading systems?
Technically, the SEC is proposing to “expand Regulation ATS for alternative trading systems (ATS) that trade government securities, NMS stock, and other securities,” “extend Regulation SCI to ATSs that trade government securities” and “amend the SEC rule regarding the definition of an ‘exchange’.