U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler warned in an interview during Washington FinTech Week that anyone who wants to engage in cryptocurrency trading must do so within the bounds of the law.
He advised cryptocurrency trading platforms to build investor trust in what they are doing, cautioning that they must ensure they do not obfuscate functionality and do not conduct transactions that are detrimental to their customers.
nor use users’ cryptocurrency assets for their own purposes.