The United States Securities and Exchange Commission (SEC) now requires platforms trading digital assets meet the definition of a title. According to a public statement issued by the regulator on Wednesday, March 7.

Exchanges of cryptocurrency would then be governed by the same rules as traditional trade. For this reason, they must register with the SEC "as a national securities exchange or be exempt from registration".

In the statement, the SEC warns that many online trading platforms are referring to because the exchanges are currently unregulated, though they may give the impression that they are not regulated. they comply with regulatory standards.

"SEC staff fear that many online trading platforms will appear to investors as being registered and regulated by the SEC."

The statement adds that some of these trading platforms set their own rules and standards when they choose digital assets that are not approved or approved by the SEC.

The SEC added that entities wishing to operate as an alternative trading system (ATS ) are also subject to regulatory requirements and such exchanges must be registered with the SEC as a dealer and become a member of a self-regulatory organization (SRO).

"The registration as a broker submits the ATS to a host of regulatory requirements, such as the requirement to have policies and pro reasonable procedures to avoid the misuse of important non-public information, the requirements for books and records and the rules of financial accountability, including, where applicable, the requirements for the SEC wrote

According to the statement, the SEC takes these regulatory measures "to protect investors and prevent fraudulent and manipulative business practices." is also ready to help trading platforms implementing new technologies to comply with federal securities laws.

In February 2018, at a SEC and Commodities and Futures Trad SEC chairman, Jay Clayton, has promised smart and practical settlements for trade and investors dealing with Bitcoin and Ethereum, while Initial Coin Offeringings (ICO) would be subject to stricter regulation.