The SEC Crackdown on Suspicious Cryptocurrencies Is Getting Serious


The U.S. Securities and Change Fee (SEC)’s investigation over shady habits within the cryptocurrency market will solely proceed, mentioned former chairman Harvey Pitt.

Additionally Learn: Well-liked Chat App Kakao’s Change Upbit Claims Quantity One Spot in South Korea

Tighter Regulation on the Horizon

SEC this Tuesday halted buying and selling of The Crypto Co. over manipulation issues after a large inventory leap. And the regulatory physique’s cracking down on suspicious cryptocurrencies will solely proceed, in response to former chairman Harvey Pitt who mentioned Thursday on CNBC’s “Quick Cash”:

“We’re in line for some critical regulatory responses to all of this and that might be forthcoming after the primary of the 12 months.”

Pitt disclosed that additional regulation is on the best way. “Everybody else is investing in it, and the worth appears to be going up,” Pitt mentioned. “That’s an actual drawback as a result of there’s a scarcity of training and…



Read full story

1 reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply