the Securities and Stock Exchange Committee (SEC) The United States has recently pulled a lawsuit against Coinbase, which represents an important moment for the world of encrypted currencies.
This event raises important questions: Is it a turning point in organizing encrypted currencies, or is it simply a result of political donations?
SEC decision details on the Coinbase Crypto case
SEC closed its case against Coinbase and also completed investigations into Robinhood Crypto and uniswap labs.
This series of withdrawals occurred in the context of the market drop, as Bitcoin witnessed a 20 % reduction in its value, as it decreased from the peak 109,114 dollars to 87,000 dollars.
SEC’s decision comes in a time of uncertainty, as investors show a clear preference for stability and a greater ability to predict the market.
Under the presidency Donald TrumpAnd that witnessed large returns from the cryptocurrency community in the form of donations, the question arises whether these procedures are the Supreme Education Council driven by a real telegram to embrace the encrypted currency.
Or if it is affected by political compensation. Coinbase, Robinhood and UnisWAP in Crypto Super Pac, called Fairshake, contributed $ 116 million, which raised doubts about the neutrality of organizational decisions.
Set by CFTC or changing the position by the Supreme Education Council
The position of the Supreme Education Council on symbols as securities was a friction point, which indicates the potential classification of most symbols as securities.
This scenario can change with a possible intervention before CFTC Futures Trading Committee, Which may take a less aggressive and more cooperative role, and thus the preference of industry.
Stablecoins adoption can increase the growth of encryption payments, especially for small and medium -sized institutions (PMI).
It is necessary to have a clear legislative framework that recognizes Stablecoin as a legitimate means of payment, thus increasing confidence and opportunities for American companies in the Bull and Bear Cryptocurrency sector.
The challenges facing encryption companies in opening bank accounts are often important, and are often due to the perception of the risk of lushing high money.
The intervention of the Fincen Employment Network can change this perception, which facilitates access to banking services related to encrypted currencies.
Towards the future of cryptocurrencies in the United States
In other words, the course of encrypted currencies in the United States is still uncertain.
By monitoring the actions of CFTC and Fincen, as well as any positive changes in the regulation of the cryptocurrency, one can acquire a clearer vision of the Trump administration’s position towards this sector.
The answer to these questions can reveal the real intentions of Trump’s presidency regarding the organization of cryptocurrencies in the country.
In conclusion, while SEC’s decision to drop the issue against Coinbase may seem to be a victory for the encrypted currency sector, it is necessary to remain vigilant and consider all the political and regulatory effects that this procedure may require.
