I'm wondering if crypto dealers are required to register with the SEC. I'm trying to understand the regulations surrounding cryptocurrency trading and want to know if there's a specific requirement for dealers to be registered with the Securities and Exchange Commission.
6 answers
IncheonBeautyBloomingRadianceGlow
Mon Nov 25 2024
According to Tenreiro, all dealers in securities, regardless of the asset type, are required to register with the Commission.
Michele
Mon Nov 25 2024
This regulation extends to those operating in the crypto asset markets, ensuring that they comply with the same standards as traditional securities dealers.
CryptoMaven
Mon Nov 25 2024
The SEC's Crypto Assets and Cyber Unit is responsible for overseeing the crypto market and ensuring that it operates within the legal framework.
CosmicWave
Mon Nov 25 2024
Jorge G. Tenreiro, the Acting Chief of the SEC's Crypto Assets and Cyber Unit (CACU), emphasized the importance of adhering to federal securities laws.
CryptoPioneer
Mon Nov 25 2024
Tenreiro's statement underscores the SEC's commitment to protecting investors and maintaining the integrity of the financial markets.