King crypto currency At the time of the unit, it exceeded $ 86,300 again, and negotiations between SEC and crypto companies continue. The new SEC management, which strives for constructive regulations, is doing its best to end the oppressive attitude that started during the Biden period. So what’s the agenda in meetings?
Sec and crypto currency meetings
Selection Previously, he focused on the distinction between securities and commodities that he did not care what the crypton really was. Although crypto currencies needed regulations under the tokens, defi, security side and many other topics, Gensler and his team tried to drown the sector through sanctions.
However, at the point we have reached, SEC, which has dozens of meetings with crypto currency companies, receives the opinions and suggestions of experts and sector stakeholders on different issues at each meeting. We talked about the meetings held with Wintermute, Hashdex, Paradigm, Circle and many more.
Today, SEC has issued a meeting information on exchange of views on more companies. If we look at the details of four of them, we can better understand how the process is progressing and what SEC is trying to do.
Hashdex & dechert
Hashdex Asset Management and Dechert LLP proposed a framework for international examples for the regulation of crypto ETP (stock exchange investment product) in the US.
The participants explained how Stinging was integrated into ETPs in different countries and how it was associated with investor protection and risk management.
Stinging The fact that its feature becomes permitted in ETFs can allow more investors to relevance to crypto currency ETFs. This meeting was held on March 28.
Abstract Foundation
At the meeting held in April, Abstract Foundation said that they planned the public offering of token, which they developed for the “Abstract” network based on ZKSYNC technology, and that they want to comply with the current US securities laws.
In this regard, the SEC needs to offer a clear guidance.
Open Security Alliance (Seal) & Paradigm
At the meeting dated April 4, cyber security was brought to the agenda. SEAL and Paradigm representatives presented solutions to the Crypto sector by sharing the courses obtained from cyber security events (Bybit Hack, Abracadabra attack, X account seizures, etc.) with the SEC.
SEAL’s Frameworks, SEAL 911 and Safe Harbor, which was developed by SEAL, were explained to provide preventive security, incident intervention and White hackers and legal protection.
Wintermute & Morrison Cohen
In this meeting at the end of March, the market construction, token, securities, on-Chain Emir Books, such as the organization should provide clear guidance on issues said.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
