A big step from the U.S. Securities and Exchange Commission (SEC)!
The commission has issued new guidelines regarding the application of federal securities laws to crypto projects, to clarify what is required from companies in terms of disclosure and compliance.
Expected from companies and projects:
• More information disclosure
• Greater compliance with the laws
• And the end of the 'gray area'
Honestly?
This step should have happened a long time ago… The market needed clarity to know who is playing fair and who is hiding behind the veil of decentralization.
Will this scare projects? Certainly, some will retreat.
But in the long run? A clean market wins.
I believe this transparency will benefit us as investors…
And the question here:
Will this raise the standard