In a new interview for Influencers with Andy Serwer, the influential SEC chair explained why he views existing law as “straightforward” when it comes to exercising broad influence on issues from a potential spot Bitcoin ETF to the regulation of cryptocurrency platforms more broadly.
Gensler is currently urging the biggest cryptocurrency exchanges — like Coinbase (COIN), BlockFi, and others — to voluntarily register with the SEC. But he says “the law is clear” on that issue. “It’s a question of whether they’re registered or they’re operating outside of the law and I’ll leave it at that,” he said.
‘Enforcement 40’ for 2020
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