#SECGuidance
Hello esteemed community.
The U.S. Securities and Exchange Commission (SEC) has a significant influence on the world of cryptocurrencies.
The U.S. Securities and Exchange Commission (SEC) is increasing its efforts to establish clearer boundaries in the world of cryptocurrencies.
The SEC has released new guidelines to help crypto projects understand how to legally register and disclose their assets.
Also this week, new plans have been announced, suggesting that investor protection will be strengthened, and the stablecoin market will be more closely monitored.
Stablecoin Warning SEC Commissioner Caroline Crenshaw stated that unregulated reserve structures and reserve confirmation reports that do not provide sufficient transparency can mislead investors.
Given that cryptocurrency-based stablecoins are showing high growth in volumes, regulators now want to create a more cautious framework.
We are watching for further actions from the U.S. Securities and Exchange Commission.
Good luck friends.