- 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.
#xrpcommunityGurbir Grewal is the Director of the SEC's Division of Enforcement.
His comments are totally opposite of Hester Peirce's yesterday.
We need a new SEC now! pic.twitter.com/XerWOqSkli
— James Rule XRP (@RuleXRP) April 3, 2024
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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