Re: SEC asked Coinbase to halt trading in everything except BITCOIN, CEO says
The bull we will experience in the near future can change many things. For example, there may be states that lead the way for crypto to develop more easily. These states can also change many things in the market.
I think there will be positive innovations in the crypto field. People, companies or governments interested in crypto are questioning the decisions taken by the SEC. I don't think it's right for an institution to affect the crypto world so much. This effect will decrease day by day. I think a lot of different playmakers will emerge with the bull run.
For US citizens, I think things will get even more difficult in terms of crypto. Of course, we do not know what the SEC's moves are aimed at. Because the SEC complicates things. Bitcoin will always go its own way.
I think there will be positive innovations in the crypto field. People, companies or governments interested in crypto are questioning the decisions taken by the SEC. I don't think it's right for an institution to affect the crypto world so much. This effect will decrease day by day. I think a lot of different playmakers will emerge with the bull run.
For US citizens, I think things will get even more difficult in terms of crypto. Of course, we do not know what the SEC's moves are aimed at. Because the SEC complicates things. Bitcoin will always go its own way.
I'd certainly like to see the SEC come to its senses by embracing the revolution with open arms. Not destroy it with senseless regulations. The only way all of this mess can be fixed is if SEC Chairman Gary Gensler is removed from office. US Congress has the power to do this. If they don't remove him now, he might be removed after the 2024 elections. That's if people elect a new administration (most definiely a Republican administration).
One thing for sure is that Coinbase won't give up without a good fight. Whatever the outcome of the lawsuit turns out to be, we can't deny crypto will here to stay thanks to its decentralized and censorship-resistant design. Who knows which other countries will take advantage of the crypto revolution? Just my opinion
