06.24.22
SEC Chair Urges "One Rule Book" for Crypto to Avoid Gaps in Oversight
by: Stefania Palma; Patrick Jenkins
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said in an interview that he is looking to strike agreements with other financial agencies to prevent cryptocurrency operators from slipping through the cracks of the United States' fragmented regulatory structure. Gensler he was talking to his counterparts at the U.S. Commodity Futures Trading Commission about a formal deal to ensure that trading in digital tokens had adequate safeguards and transparency. His proposal comes as U.S. authorities’ efforts to oversee cryptocurrencies become enmeshed in politics, potentially reducing the SEC’s influence over crypto assets.
Read the full article on Financial Times