Post
Topic
Board Bitcoin Discussion
Re: Can someone explain in simple words what's the SEC and why we need it?
by
fosco333
on 11/02/2019, 02:34:34 UTC
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?

Well, SEC is Securities and Exchange Commission, a legal federal in US.
Their duty is to regulates the matters about securities market in the world, and protecting the investors against fraud.
If bitcoin ETF approved by them, i think it will be good because more peoples will come into crypto.