By Arina Shulga and Jeffrey Kelly (September 7, 2022, 6:43 PM EDT) — A yr in the past, U.S. Securities and Change Fee Chairman Gary Gensler famously known as on Congress to offer the company extra authority to police the crypto Wild West, and, with a latest flurry of enforcement actions, we’re lastly seeing the brand new sheriff on the town.
Whereas we’re nonetheless ready for brand new crypto-related laws to make clear the therapy of digital belongings below the federal securities legal guidelines, the SEC is continuous its regulation by enforcement.
This Might, the SEC introduced that it might almost double the scale of its renamed Crypto Belongings and Cyber Unit in order that it might “be higher geared up to police wrongdoing…
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