The U.S. Securities and Exchange Commission (SEC) has opened a probe into new token listings on a major American crypto exchange, examining disclosure standards and investor protection measures. The investigation targets compliance and transparency in emerging digital asset markets, reflecting heightened regulatory focus amid the rapid growth of cryptocurrencies. By scrutinizing how exchanges present new tokens, the SEC aims to safeguard retail investors and reinforce market integrity, signaling stricter oversight in the U.S. crypto sector and emphasizing the importance of adherence to robust reporting and transparency practices.