in

Regulation is coming: SEC Chair Pushes for Additional Cryptocurrency Regulations, no fast trades, exchanges have to keep cash securities like banks

Regulation is coming: SEC Chair Pushes for Additional Cryptocurrency Regulations, no fast trades, exchanges have to keep cash securities like banks



View Reddit by moon-worshiperView Source

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

14 Comments

  1. I wish they pursued crimes using banks and fiat with the same zeal that they are pursuing crypto regulation. One look at GME and even Wells Fargo… yeah – Billions lost there and they claim Bitcoin, with a market cap smaller than most countries has the most criminals in the world.

  2. How about the government stays out of our business. They are already looking deeper into our bank accounts and increasing taxes on capital gains. I thought this was the United States…not a communist country. I really hope people start protesting outside of the SEC HQ one day.

  3. tldr; US Securities and Exchange Commission Chair Gary Gensler testified before the Senate Banking Committee on Tuesday. He called for comprehensive cryptocurrency regulations, citing a need to reduce cybersecurity risks, other market risks, and criminal efforts to defraud investors. “We just don’t have, I believe, enough investor protection in crypto finance,” he said.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. Lol, honestly, it takes one government in the world to allow total freedom of crypto to allow everyone through. Either the US prepares for the future or they join the history books just like the craftsmen who got replaced by factories during the industrial revolution.

What do you think?

No tax on Bitcoin profits in El Salvador

No tax on Bitcoin profits in El Salvador

Fidelity Prodded SEC to Approve Bitcoin ETF in Private Meeting