SEC Chair Gary Gensler Proposes ‘One Rule Book’ for Regulation of All Crypto Asset Trading: Report - BitcoinEthereumNews.com
cryptoIminungkahi ni SEC Chair Gary Gensler ang One Rule Book para sa Regulasyon ng Lahat ng Crypto Asset Trading: Ulat06 / 26 / 2022Balita ng Ethereum ng Bitcoin The Chair of the U.S. Securities and Exchange Commission (SEC) is reportedly proposing a one-rule-book approach to regulating crypto asset trading. Ayon sa isang bago ulat by The Financial Times, SEC Chair Gary Gensler is in communication with his regulatory counterparts at the Commodities Futures Trading Commission (CFTC) in order to promote security and transparency for investors who swap crypto assets. Gensler reveals a “memorandum of understanding” is in the works that would oblige the SEC to pass along information to the CFTC relating to crypto assets that represent a commodity. The SEC is mandated to oversee assets that act as securities while the CFTC regulates commodities and derivatives markets. Says Gensler, “Im talking about one rule book on the exchange that protects all trading regardless of the pair – [be it] a security token versus security token, security token versus commodity token, commodity token versus commodity token.” According to Gensler, the rule book would safeguard investors against market manipulation, fraud and front runing. Gensler also says that it would behoove crypto companies to register with the SEC as doing