The US Stock Exchange Supervision has stopped an important examination process against the coinbase Crypto Tours: The process of opening the US Stock Exchange Supervision Securities and Exchange Commission (SEC) in 2023 against the service provider said that it has worked with non-management financial products.
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In form of Authority declaredIt has entered into an agreement with the affected companies Coinbase Inc. and Coinbase Global Inc. More detailed descriptions of the agreement are not specified. According to the presentation of the CEO Brian Armstrong, CEO of the Coinbase, the company has no fine or change in its business. Armstrong was pretended a week before the official announcement by SEC: on an American television channel and social media, he announced the end of the process in question.
Sec boss plan course change
New second major Mark T. Uyda, however, indicate the change of course from the authority. In the past, SEC has mainly expressed its perspectives for cryptocurrency for the boycott of the public through measures to enforce laws. Now his house wanted to adapt his own course and work more transparently in the future. In view of the outstanding work of SEC’s new Crypto Task Force, the current process against the coinbase will be stopped.
According to its own statement, the Crypto Task Force launched Uyda to create more clarity about the application of laws applied to the market for cryptocurrency and to promote innovations and to develop investors measures protecting investors. It is considered a very positive sign in the industry. UYEDA is also open to digital currencies. Perhaps this is why US President Donald Trump called him the new SEC boss after the election. Trump himself passed through a crypto change of intellectual change, hence to speak. If he still describes the technique as “fraud” during his first term, he was not serious – not serious to his own cryptocurrency.
Like the process against the coinbase, Trump’s husband’s change was carefully followed by the entire industry. Because it was also about basic questions: Cryptocurrency is to be defined in the United States? And which law is used? The Crypto Task Force will now provide reply, of which crypto players expect them to be as compatible with them as much as possible.
(Nen)
