The cryptocurrency investor landscape has been entangled in SEC disputes for a while now, and the process, intensified with the XRP Coin, has turned into warfare this month with lawsuits opened against two giant exchanges. So, what does the SEC, viewed with an impartial eye, want? A former senior SEC executive answers this question. What is SEC’s Goal? Sign up or perish. This is, in the simplest form, what the SEC wants. Particularly after last year, when dozens of companies like FTX collapsed, a significant portion of its customers were defrauded, the SEC has reached this point. John Reed Stark, former senior SEC executive, disclosed his thoughts on several matters today. What Does SEC Want? The disapproval of cryptocurrency investors and issuers for the application of US securities laws does not stop the SEC. The regulator states that it’s possible to apply current laws to the industry, and it will […]
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