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U.S. SEC's Gensler says crypto exchanges should face more regulation

Britain to front-run capital rules on crypto if need be, says Bank of England
Britain to front-run capital rules on crypto if need be, says Bank of England   -   Copyright  Thomson Reuters 2021
By Reuters

(Reuters) – U.S. Securities and Exchange Commission Chair Gary Gensler said on Thursday he would like to see more regulation around cryptocurrency exchanges, including those that solely trade bitcoin and do not currently have to register with his agency.

“This is a quite volatile, one might say highly volatile, asset class, and the investing public would benefit from more investor protection on the crypto exchanges,” he said at the Financial Industry Regulatory Authority’s annual conference.

(Reporting by John McCrank in New York; Editing by Chris Reese)