The newly formed “Task Force” of the Securities and Exchange Commission (SEC) will meet soon to work on several priority subjects. What are they?
The dry is looking at several study subjects
By June, The dry will offer 4 round tables about cryptocurrencies. According to Hester Pierce, the manager of the working group dedicated to crypto, several themes have been chosen, in order to take into account the sector as a whole.
The first subject tackled will be unsurprisingly, the regulations applying to cryptocurrency trading. Then will come the subject of the conservation mechanisms of crypto assets. Finally, the last 2 round tables will be attacked about decentralized finance (DEFI), as well as tokenization.
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For each of these meetings, sector experts will be invited. It is a radical change of CAP for the dry, which under the direction of Gary Gensler had rather been arbitrary and opaque in his decisions. The news should therefore be well received by industry players, who have been calling for more transparency for years.
The SEC has already abandoned several surveys and legal actions carried out by the previous management. This week, we learned that the American financial gendarme finally closed its action against Ripple (XRP), letting the company leave against $ 50 million fine. The noose is therefore clearly loosened in the United States.
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Source: dry
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Journalist at Cryptoast since 2017, I have been passionate about the challenges of decentralization, privacy and regulation. I specialized in the economy and traditional finance by analyzing how the news in this sector influence that of cryptocurrencies, thus offering a unique and enlightened perspective to cryptoast readers.
Marine Debellor
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