SEC Works With Crypto Exchanges To Adjust Rulesets and Promote Investor Protection | CryptoGazette
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There’s some interesting juicy news about what the SEC is doing these days. Check out the latest reports below.
It’s been just revealed by the online publication the Daily Hodl that the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the agency is coordinating with crypto exchanges in order to protect the interest of the public.
In a new interview with Bloomberg, Gensler said that part of the SEC’s agenda is to communicate with crypto exchanges in order to establish regulatory certainty on the many available digital assets.
“The agency is really just looking out for investors and many of these tokens, not trying to pre-judge any one, but many of these tokens have the attributes of securities.”
The notes continued and said the following:
“They’re raising money from the public and the public is anticipating profits based upon the efforts of others, so we’ve brought a number of actions.”
The same notes also said this: “We’re trying to work with the various crypto platforms, the exchanges, the lending platforms to come in, get registered, find where we can adjust our ruleset to get the investor protection for the public.”
The crypto market today
In the crypto market today, bulls are leading the way.
Bitcoin bulls are leading the way these days in the crypto market, despite massive volatility. Check out the latest reports about new predictions on BTC price.
It’s been just revealed that the crypto analyst Nicholas Merten says that Bitcoin is flashing signs of an upcoming rally and that BTC bulls are set to overtake bears.
In a new strategy session, he made sure to explain that Bitcoin is not in a bear market and that we shouldn’t be fooled by the top crypto by Bitcoin’s stagnant price action.
“There’s a really interesting technical pattern going on and this is a signal that the bulls are in the lead. Don’t let the sideways consolidation we’ve been in get you fooled that this is somehow a bear market.”
Stay tuned for more news.
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