🐃 **SEC and cryptocurrency - regulator's new course**
◽️ SEC should not block, but promote innovation. Markets evolve thanks to human ability to find solutions.
◽️ Now SEC intends to openly interact with the crypto industry so that market participants can act more confidently.
◽️ SEC will start promoting the development of crypto regulation.
◽️ SEC will allow trading of securities and non-securities under one license - for the convenience and savings of investors.
◽️ The history of the regulator is a mix of support and suppression of innovations. But ultimately progress prevails.
◽️ The SEC's FinTech Center (FinHub) was seen as a tool of pressure. Now its functions are being integrated into other divisions to make innovations part of the regulator's culture.
◽️ SEC is ready for dialogue and changes.