SEC's Gensler Wants Greater Scrutiny For Crypto Exchanges: Report

SEC's Gensler Wants Greater Scrutiny For Crypto Exchanges: Report
Chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler wants to apply greater pressure to crypto exchanges to bring them inside the market regulator’s purview.Gensler aired his concerns about the dangers to consumers if crypto exchanges are not properly regulated in a virtual press conference on Wednesday, according to a report by Bloomberg.”I’ve asked staff to look at every way to get these platforms inside the investor protection remit,” he said.”If the trading platforms don’t come into regulated space, it’d be another year of the public being vulnerable,” he added.Gensler had previously expressed his desire to see crypto…