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Business Maverick: SEC’s Gensler says crypto exchanges trading against clients

Summary by Ground News
US Securities and Exchange Commission chair Gary Gensler is ratcheting up his criticism of digital-asset exchanges. He argues that some platforms are shirking rules and may be betting against their own customers. The SEC is also beefing up its enforcement efforts, he added.
3 months ago

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Business Insider

SEC chief Gary Gensler says crypto exchanges are 'market making against their customers'

The SEC chief warned the lack of separations between services like custody, market-making, and providing a trading platform leaves clients vulnerable.

3 months ago·United States
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Bloomberg

SEC Chief Gensler: Crypto Exchanges Are "Market Making Against their Clients"

3 months ago·United States
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TechCrunch

SEC chair Gary Gensler takes aim at crypto exchanges for trading against their customers – TechCrunch

Gensler expressed concern that major crypto exchanges are "front-running" customer trades

3 months ago·United States
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Daily Maverick

Business Maverick: SEC’s Gensler says crypto exchanges trading against clients

The US Securities and Exchange Commission chairman has reiterated that most digital assets fall under his agency’s purview and venues trading them should register with the regulator. The SEC is also beefing up its enforcement efforts.

3 months ago·South Africa
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SEC Chair Gary Gensler Says Crypto Exchanges Are Betting Against Their Own Clients: Report

U.S. Securities and Exchange Commission (SEC) chair Gary Gensler says the way crypto exchanges are structured could work to the disadvantage of users. In a new Bloomberg report, Gensler notes that, unlike traditional finance, cryptocurrency exchanges have not set up clear distinctions between...

3 months ago
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Gary Gensler Finds Crypto Exchanges Trade Against Their Clients

SEC Chair Gary Gensler said he had doubts that crypto exchanges operate according to their clients' best interests.

3 months ago
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Bias Distribution

50% of the sources lean Left, 50% of the sources are Center
Business Insider
Bloomberg
TechCrunch
Daily Maverick
L 50%
C 50%
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