SEC Chairman Gary Gensler: Anyone who wants to engage in cryptocurrency trading must "act within the limits of the law"

Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), has warned that anyone looking to engage in cryptocurrency trading must "act within the bounds of the law." He suggested that cryptocurrency trading platforms "build trust with investors in what they do" and cautioned them to ensure that they do not mix functions, engage in transactions that are detrimental to customers, or use customers' cryptocurrency assets for their own purposes.