News/SEC Chief Accuses Cryptocurrency Exchanges of Trading Against Customers

SEC Chief Accuses Cryptocurrency Exchanges of Trading Against Customers

May 11,2022,20:50
SEC Chief Gary Gensler recently warned the public that some digital asset exchanges may actually be betting against their own customers. In addition, he criticized stablecoins, including $USDT, $USDC and $BUSD, for their association with exchanges, which makes it "possible for them to avoid anti-money laundering and KYC.
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