US SEC working to register crypto lending companies

US SEC working to register crypto lending companies

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

The U.S. Securities and Exchange Commission (SEC) is working to get some  cryptolending companies properly registered if they operate more as investment firms, the head of the Wall Street regulator told CNBC in an interview on Thursday.

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