luchtschip schreef op 15 mei 2021 16:31:
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Dat is een goede vraag.
Toevallig kwam Gary Gensler, the new chairman of the SEC, Securities and Exchange Commission, op 10 Mei met mededelingen over Crypto munten.
Gensler said there is now no federal authority to bring a regulatory regime to crypto exchanges.
10 mei 2021 :
SEC's Gensler: Crypto Trading Needs More Federal Oversight
What You Need to Know
>>The SEC chief told CNBC he will be talking with Congress about federal oversight of the market.
>>Gensler said there is now no federal authority to bring a regulatory regime to crypto exchanges.
>>His position doesn’t appear to bode well for imminent approval of Bitcoin ETFs pending at the agency.
Gary Gensler, the new chairman of the Securities and Exchange Commission, says greater investor protection is needed for cryptocurrencies like Bitcoin, and he will be talking with Congress about creating federal oversight of this “highly speculative market.”
“There is no federal authority to actually bring a regime to the crypto exchanges,” said Gensler in a Friday interview on CNBC’s Squawk Box. “There’s a gap in our system right now.”
Gensler recalled the regulatory regimes put in place in the 1930s after the stock market crash and during the Great Depression ”to help protect against fraud and manipulation on the exchanges and to protect the integrity of the financial system… I think that that’s really something we’ll be working [on] with Congress and if they see fit to try to bring some protection for people that want to invest in this speculative asset class.”
Currently the CFTC has limited antifraud and anti-manipulation authority over cryptocurrencies like Bitcoin, which accounts for about half of a $2 trillion market, and the SEC has some authority over crypto tokens, which are securities, Gensler said. He noted that the prior administration of the SEC brought enforcement actions involving those securities or investment contract tokens, bringing them under the rules of the agency.
But the SEC’s authority doesn’t extend to cryptocurrencies, including Bitcoin, which is “a scarce store of value but highly volatile,” said Gensler. “There are investors who want to trade Bitcoin because of its volatility and in some cases because of its lower correlation with other assets… I think we need greater investor protection there.”
www.thinkadvisor.com/2021/05/10/secs-...Zou het dan kunnen, dat er wetten en regels/richtlijnen ontbreken aangaande de crypto currencies market ?
En het manipuleren, middels (vermeend) pump en dump, door een grote influencer als bijv Elon Musk, ongestraft kan plaats vinden bij gebrek aan regelgeving?