The head of the SEC, Gary Gensler, has released a
new
video calling for investors to be aware of digital asset businesses breaking securities laws.
The video comes at a time when U.S. regulators are heavily criticizing the industry.
- Gensler expressed concern about the lack of investor protection in the cryptocurrency market.
- He called for increased regulation of cryptocurrency exchanges and other market participants.
- Gensler emphasized the need for clear rules and guidelines to prevent fraud and manipulation in the industry.
- He suggested that cryptocurrency platforms could be brought under the SEC's regulatory umbrella.
- Gensler also called for greater transparency in the cryptocurrency market, particularly with regard to the identity of buyers and sellers.
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