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SEC’s Advocates for Clear Crypto Regulations and Investor Safety

Published 04/04/2024, 09:00 PM
Updated 04/04/2024, 09:15 PM
SEC’s Advocates for Clear Crypto Regulations and Investor Safety

  • Grewal emphasizes SEC’s commitment to crypto regulation for market integrity, insiders report.
  • Grewal confirms that the SEC’s use of the Howey test for crypto securities gains judicial support.
  • Engagement with the crypto community stressed by Grewal to ensure compliance and safeguard innovation.

Gurbir Grewal, the SEC’s Division of Enforcement chief, at the SEC Speaks conference, articulated a persuasive argument for the necessity of stringent regulatory measures in the crypto space. He highlighted the differing opinions within the commission, mentioning a discussion with Commissioner Hester Peirce to emphasize the ongoing talks about the most effective way to regulate the crypto market.

Besides, Grewal stressed the importance of rigorous regulations to safeguard investors and uphold market integrity. He aimed to eliminate any uncertainties regarding the SEC’s commitment to a solid regulatory framework for cryptocurrencie…

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