https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03The hyperlink is SEC Chairman Gary Gensler's speech at Aspen Security Forum on August 3.
There are two sentences are worthy of our alert.
"In my view, the legislative priority should center on crypto trading, lending, and DeFi platforms”
"For those who want to encourage innovations in crypto, I’d like to note that financial innovations throughout history don’t long thrive outside of our public policy frameworks.”
Please stay awake. The regulation of the cryptocurrency market will become more and more serious. How do you interpret the sentences?
More restrictions for the exchange and more taxes for the holders that is what the maximum they can do to regulate the crypto currencies and they may introduce the guidelines for using the cryptos about what are the things can and can't be done using decentralized assets like cryptos. And may delist the completely anonymous coins like monero.