The U.S. Securities and Exchange Commission (SEC) is increasingly determined to regulate the crypto industry. While some investors believe that stricter regulations will contribute to legitimizing the sector, others worry that excessive intervention by regulatory bodies may undermine its decentralized appeal.
During the first half of 2023, Bitcoin (BTC) and other cryptocurrencies made a recovery after experiencing significant losses in 2022. Nevertheless, the persisting crypto winter has revealed vulnerabilities within the digital currency markets, such as excessive risk-taking, unlawful promotion of securities, and blatant fraudulent activities.
What Is The U.S. Securities and Exchange Commission?
The U.S. Securities and Exchange Commission is a federal agency responsible for overseeing and regulating traditional markets in
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First found on: Why the SEC Holds Key Importance in the Crypto World in 2023?
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