I expect huge benefits of this innovation in the market.
It is the dawn of the era of a new encoding for the US Securities and Stock Exchange (SEC).
New SEC President Paul Atkins, who was right This week, this week, the third “encryption work squad” of the organizer occurred on Friday to speak Even the potential of digital assets.
He also criticized SEC’s previous organizational approach to the sector.
“This is an important work as entrepreneurs all over the United States are mocking Blockchain technology to update the aspects of our financial system. I expect tremendous benefits of this innovation in the market for efficiency, lowering costs, transparency, and risk mitigation. Market participants who participate in this technology deserve clear regulatory rules.
Its language is a flagrant contradiction with the approach of former President Gary Ginsner, who supervised high -level enforcement procedures against many encryption companies, including industry giants, Kraken, Coinbase, Ripple Labs, Uniswap Labs and Compls. Since Jinsler stepped down in January, all of these cases have been closed.
Atkins also requested the stakeholders in Tafir on Friday for inputs on the challenges of current securities laws.
For example, are the necessary changes to custody rules under the Stock Exchange Law, the Advisors Law, or the Investment Company Law to accommodate encryption assets and Blockchain technology? Are “private intermediary goals trading” for the applicable operating system for participants in the market, or is the framework for new encrypted assets ”seems to indicate that the current market needs attention. ”
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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