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The U.S. SEC calls for strict enforcement of regulations against crypto players

The Investor Advisory Committee of the U.S. Securities and Exchange Commission (SEC) has called for strict enforcement of regulations against crypto players who offer unregistered securities. In a letter addressed to SEC Chair Gary Gensler, the committee urged the regulatory agency to continue its aggressive crackdown on violators in the crypto space, including issuers, custodians, and unregistered trading platforms. The letter also made it clear that the committee considers “virtually all” crypto tokens to be financial securities, a view shared by Gensler himself, who has previously stated that all cryptocurrencies, except Bitcoin, are securities. The SEC committee expressed concern about