‘A lot of people are going to get hurt,’ on unregistered crypto exchanges, SEC’s Gensler says

Securities and Exchange Commission Chairman Gary Gensler reiterated his name for cryptocurrency exchanges to register with the company, warning that they are going to be hit with enforcement actions in the event that they fail to accomplish that, throughout an interview with Washington Post Live Tuesday.

“There are buying and selling platforms the place you should purchase and promote these [digital tokens], lending platforms the place you’ll be able to earn a return on these tokens….and it’s extremely possible that they’ve on these platforms securities” that the SEC is legally obligated to regulate,…

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