U.S. SEC: Will prioritize the regulation of emerging technologies such as cryptocurrency in 2023

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) has issued a statement on its official website, stating that it will prioritize the regulation of emerging technologies such as cryptocurrencies in 2023. It will investigate broker-dealers and investment advisors using emerging financial technologies (including crypto technologies) to determine whether they meet the "prudent standard" expected by investors and whether they regularly review and update their risk management procedures. (Source link)