The SEC moves to extend its "Dealer" rule, aiming for enhanced oversight of crypto-related transactions. This proposal, advocating for uniform investor protection standards, requires crypto market participants identified as "dealers" to register with the SEC. Chair Gary Gensler emphasizes the need for consistent regulatory practices across all market dealers, including those in the crypto sector. This adjustment seeks to clarify the regulatory landscape for digital assets, marking a significant shift in how cryptocurrencies might be governed under U.S. securities laws.
