Industry experts weigh in on SEC hiring more crypto cops

  • 📰 Cointelegraph
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The United States Securities and Exchange Commission is looking to hire more people to focus on digital assets, but what does it mean for the industry? Experts give their take. (Reporting via Ke_Arnol_d)

The United States Securities and Exchange Commission is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets almost twofold.hire 20 new people

On crypto firms working together with with regulators, Becker told Cointelegraph that"When we collaborate to set and uphold the rules, we will create a market that serves the public and gives them the opportunity to make money with proper protection." She added: Andrea Gordon, a compliance expert and counsel at Eversheds Sutherland, stressed the importance of crypto businesses working with regulators. She told Cointelegraph that in an ideal world, firms would be able to have an open dialogue with authorities about particular offerings because the regulatory climate for cryptocurrency is always changing.

 

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Ke_Arnol_d Start with citsecurities BlackRock! Crypto needs regulation now SecYellen SECGov $LUNA $UST Coordinated attacks by hedge funds

Ke_Arnol_d Yes “protect” me harder daddy GaryGensler

Ke_Arnol_d

Ke_Arnol_d It means they need more resources to slow down the progress

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