The US Securities and Exchange Commission (SEC) has announced in its 2024 examination guidance that it intends to take a closer look at crypto traders, brokers, and transfer agents.
What does this mean for crypto traders?
The SEC plans to extend its oversight to crypto dealers and brokers. It wants to ensure that they meet the same regulatory standards as traditional financial service providers. This includes, among other things, compliance with anti-money laundering guidelines and providing sufficient information for investors.
Focus on Transfer Agents
Transfer agents, who are responsible for the management of securities transfers and the maintenance of the shareholder register, are also to be more closely monitored. The SEC wants to check whether they are fulfilling their duties correctly and whether they are taking the necessary security precautions to protect their clients’ assets.
The planned measures by the SEC show that the authority takes the crypto market seriously and is ready to regulate it more heavily. This could lead to more security and trust among investors. However, the affected companies must prepare for stricter controls and possibly also higher costs.
Sources: – Report from the SEC (Securities and Exchange Commission) – Various reports from the financial press
10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
How did we rate this casino
In addition to an unlimited bonus, Coinkings.io has a lot to offer. We have a high tolerance for VPNs, an impeccable selection of cryptocurrencies and, above all, an experienced team that immediately provided a wide range of games. In combination, all of this is very convincing.
Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
How did we rate this casino
Bets.io stands out as one of our top-rated crypto casinos. It combines everything you love about Dama casinos — like a stellar game selection and rock-solid reliability — with a refreshing twist: no frustrating KYC processes and no outdated payment methods.
Metaspins is still a very young crypto casino, but it can already convince with a very modern website, a good selection of games and, above all, an excellent bonus.
I have enjoyed following the international iGaming industry since my first encounter at the age of 23. Fascinated by its diversity and complexity, I was hooked and have never left the industry since. Here at KC, I am a proud member of the founding team as well as the content team. We use everyone's knowledge to find every possible flaw in a casino so you can relax and play.
We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.
Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.
We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.
Why trust us?
We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.
🍪
We use cookies. By using this site, you accept them.