SEC: Our Rules Are Simple – There Are No Rules at All

 Lawsuits, litigation, and public accusations – all this has recently become familiar to the crypto community. Day in and day out the news is: “Binance is accused of financial fraud”, “Coinbase unregistered activities”, “Bittrex illegal trading”. But what if the true goals are not to fit crypto exchanges under general regulation? What if Gary Gensler has a cunning plan that promises to rewrite the rules of the game?

Lado Okhotnikov: Skirmish Between SEC and Crypto Exchanges Is a Deceptive Maneuver

While crypto fans are watching how the skirmish between CZ and SEC will end, much more significant things are happening.For example, under the guise of a regulator Bitcoin-ETF is being launched, an innovative tool in the securities market that will open up investment opportunities for large trillion-dollar funds.It is believed that newly formed exchanges or existing ones will use Bitcoin as an underlying asset buying the first cryptocurrency and then selling their shares to investors.Simply put, the same BlackRock, Fidelity, WisdomTree, Charles Schwab, Invesco and Citadel will start trading with obligations and guarantees to investors, earning on the resale of services...

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#SEC #Cryptoexchange #Blockchain #Cryptocurrencies #Cryptocommunity

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