SEC Intends to Regulate the Crypto Exchanges

US Securities and Exchange Commission (SEC) Chairman Gary Gensler said that in 2022 the regulator intends to take additional measures to bring cryptocurrency exchanges into the regulated space.

According to The Business Insider, at a virtual press conference on Wednesday, Gensler said the agency will focus on crypto exchanges as they crackdown on digital assets this year.

The Chairman believes that such additional regulatory oversight will provide crypto investors with an appropriate level of protection.

In mid-December 2021, US Securities and Exchange Commission (SEC) Commissioner Hester Pierce and her colleague Elad Roizman said that consideration of issues related to cryptocurrencies was postponed until 2022.

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