🚨 SEC suddenly changes its rhetoric!
SEC Chair Gary Gensler stated that only "very few" tokens can be considered securities. Moreover, the token itself is "likely not" a security.
What this means:
— The "Crypto Project" has been launched, which aims to update securities laws and transition U.S. markets to blockchain.
— For the first time at such a high level, the idea is voiced: regulation for protection against abuses, rather than for pressure.
— If this line is solidified, the U.S. could become one of the main hubs of the crypto market, and investors will gain more confidence.
❓What do you think, is this the beginning of a real turnaround in regulation towards the crypto industry or just loud words?