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Crypto Exchanges Will Face More Scrutiny From SEC, Gensler Says

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We Could Be Entering a Crypto Supercycle, Yeh Says
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Crypto exchanges are set to be a primary focus of the U.S. Securities and Exchange Commission’s crackdown on digital assets in 2022.

SEC Chair Gary Gensler said on Wednesday that he’s hopeful that trading platforms will take steps in coming months to be more directly regulated by Washington’s financial regulators. The additional scrutiny is crucial for crytpo investors to get the types of protections they get when trading stocks or other assets, according to Gensler.