SEC Chair Gary Gensler criticizes crypto exchanges, stating they engage in practices that traditional exchanges like NYSE are not allowed to do. He emphasizes that disclosures are insufficient to protect these exchanges from regulatory actions, warning against market manipulation.
SEC Chair Gary Gensler says "crypto exchanges are doing things the law would never allow NYSE or traditional exchanges to do," per CNBC.
GENSLER TO TARGET CRYPTO EXCHANGES DESPITE RISK DISCLOSURES Speaking in a CNBC interview, SEC chair Gary Gensler warned that disclosures do not shield exchanges from lawsuits. He vowed the commission would go after them if they were found to be manipulating the market or… https://t.co/r4FHaXQJhI
U.S. SEC Chairman Gary Gensler said crypto exchanges with disclosures aren’t immune to being sued by regulators if they are “manipulating the market.” Most crypto companies still do not issue disclosures at all. Crypto exchanges have long operated in ways in which trading…
[THE BLOCK] #SEC Chair Gary Gensler says disclosures not enough to protect #crypto exchanges
SEC Chair Gary Gensler says disclosures not enough to protect crypto exchanges https://t.co/9vuCSRFvl1
"These crypto exchanges are doing things we would never allow this New York Stock Exchange to do." .@SECGov Chair @GaryGensler weighs in on crypto regulation, meme coins and the impact on investors with @jimcramer, @davidfaber & @carlquintanilla. https://t.co/z1M9U0VnS4
JUST IN: SEC Chair Gary Gensler says "crypto exchanges are doing things the law would never allow NYSE or traditional exchanges to do." Yeah, the stock market is TOTALLY clean... 🙄 https://t.co/DKK9fVzBk0
🚨 NEW: 🇺🇸 SEC Chair @GaryGensler states, "Crypto exchanges are doing things the law would never allow NYSE or traditional exchanges to do." https://t.co/IU16vfhdHN