Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), announced at a market conference on the 26th (local time) that he would "revise the definition of an exchange and the definition of alternative trading systems."
"We will continue to work on this," he said. He did not directly mention crypto assets or decentralized finance (DeFi) during his presentation, but
As he is classified as an advocate of industry regulation, this is interpreted as a clear indication of his intention to implement additional industry regulations.
"Many of the forms refer to themselves as 'exchanges,'" he said, "which may give investors the false impression that they are registered with the SEC."
2024/09/27 16:54 KST
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