I hear so much about the SEC in the last few weeks. Can anyone explain what's so important about this decision. why it's good for the market, and why we get rejected?
SEC play a big rule in terms of market industry and cryptocurrency is one of this market.The Securities and Exchange Commission is the agency responsible for regulating the securities industry . In addition to its regulatory functions, the SEC also maintains the country's company register.The SEC is responsible for the efficient,transparrent and effective market.
when the SEC recognizes bitcoin and provides regulations on bitcoin to be traded, of course it will have a positive effect, of course the bitcoin market will be wider, users will be more numerous, and certainly will make prices go up and bitcoin is increasingly popular