Understanding the SEC’s Goals: Possibility of SEC Approved Cryptocurrencies
The battle that has been fought between the Securities and Exchange Commission (SEC) and crypto investors is reaching a new level in the constantly develping circle of cryptocurrencies. With the recent lawsuits opened against two promnent exchanges , the intentons of SEC and its goals have arosed some suspicion . While SEC is trying to obtain an objective stance , a former senior SEC executive sheds light on the objectives of the agency and its approach to the industry .
In essence , the stance of SEC can be summed up in two options: whether the investor should comply with their terms or they have to face the conseuqneces. Following the collapse of numerous companies and organizations which unfortunately have involved in fradulent initiations, including the industry leading company FTX , the SEC has decided to take a firmer stance . Jonh Reed Stark , a former senior SEC official , shares his opinions on various discussion points of the industry .
In essence , the stance of SEC can be summed up in two options: whether the investor should comply with their terms or they have to face the conseuqneces. Following the collapse of numerous companies and organizations which unfortunately have involved in fradulent initiations, including the industry leading company FTX , the SEC has decided to take a firmer stance . Jonh Reed Stark , a former senior SEC official , shares his opinions on various discussion points of the industry .
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