SEC signals a hands-off approach to ‘crypto’

Quick Summary:

The SEC acknowledged the growing demand to regulate digital assets among regulators but stopped short of saying the tokens are outside its jurisdiction.

The post SEC signals a hands-off approach to ‘crypto’ appeared first on CoinGeek.

Although this will undoubtedly be good for those speculating on coins and tokens, I do wonder how these agencies are going to handle the inevitable illicit activity that always takes place when there is money to be made, how that will affect the innocent consumers that were looking to make a quick buck but end up getting badly burned when they get the rug pulled on them, and if the combination of these two factors will have a knock-on effect on the traditional financial institutions that are beginning to participate and play a bigger role in the industry.

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Article Details

Author / Journalist: Patrick Thompson

Category: Crypto

Markets: CanadaNigerNigeria

Topics: Robinhood Banking Traditional Finance United States Regulation Business Securities and Exchange Commission Jerome Powell Hester Pierce Memecoins Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 16:00:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1145 words

Reading Time: 7 minutes read

Sentences: 41 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 26228753

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Main Topics: Crypto

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