Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), once again warned investors about cryptocurrency exchanges after the US-based lawsuit filed against Binance.
Gary Gensler dated March 27 in the shipmentwarned investors to be wary of cryptocurrencies. US Commodity Futures Trading Commission (CFTC) This warning came to the fore following the lawsuit filed by Binance and CEO Changpeng Zhao (CZ). In his statement, Gensler touched on the speculative nature of crypto assets. does not know enough about the big companies in the sector suggested:
Investors in the crypto markets are risking their investments in a highly speculative asset class. Crypto investors do not have basic explanations about the brokerage firms serving the industry these days.
The pressure of US regulators on cryptocurrency exchanges has become visible since the beginning of 2023. KrakenThe process that started with the sanctions applied against staking services of . coinbase sent to the Wells statement and then Binance litigation followed.
Adding to the details of the post a statement by the SEC last week, Gensler said: his statement that not all exchanges are reliable enough has supported. In this statement, which the SEC published on March 23 about the intermediary institutions serving in the crypto sector, it is stated that the platforms that provide crypto money services. that you may not be complying with securities laws had underlined.