THELOGICALINDIAN - The SEC believes that cryptocurrency exchanges could advance by implementing agnate attempt of banal markets
Many regulators, experts, analysts accept that cryptocurrency markets still abridgement able blank and regulations. According to a contempo address by VentureBeat, chief U.S. Securities and Exchange Commision (SEC), Brett Redfearn, declared that the accepted accompaniment of cryptocurrency markets resemble the “Wild West”. The Securities and Exchange Commission (SEC) is mainly anxious with cryptocurrency bazaar manipulation, cybersecurity, fraud, money bed-making and agitator financing. Redfearn declared in the article:
But the SEC isn’t aloof alone anxious with cryptocurrencies and cryptocurrency exchanges. The SEC is additionally befitting a abutting eye on antecedent bread offerings (ICOs) and badge sales.
In the past, the SEC declared assorted times that investors should be actual accurate back they advance in ICOs and badge sales. The US authoritative bureau is afraid that best ICO tokens may be classified as balance and don’t accede with the regulations that acceptable balance do. Redfearn noted:
He additionally added:
Some cryptocurrency experts accept that the cryptocurrency and ICO bazaar will be bigger off already regulators actualize an adapted authoritative framework. Proper regulations and assurance measures could additionally accord institutional investors added aplomb and action to advance in the cryptocurrency market.
What are your thoughts on SEC’s apropos of able cryptocurrency markets? Do you anticipate that cryptocurrency exchanges should apparatus the aforementioned attempt of banal markets? Let us apperceive in the comments below!
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