Doubt no more! The pump is coming! Your patient will be paid off!
Trumpâs SEC launching âcrypto task forceâ to develop clear regulations for industry
The SEC announced that acting Chair Mark Uyeda has launched a âcrypto task forceâ aimed at âdeveloping a comprehensive and clear regulatory framework for crypto assets.â
âClarity regarding who must register, and practical solutions for those seeking to register, have been elusive. The result has been confusion about what is legal, which creates an environment hostile to innovation and conducive to fraud,â the commissionâs announcement said. âThe SEC can do better.â
The task force intends to hold public hearings and solicit input from the industry. It will work with federal departments and agencies, including the Commodity Futures Trading Commission.
âThis undertaking will take time, patience, and much hard work. It will succeed only if the Task Force has input from a wide range of investors, industry participants, academics, and other interested parties,â Peirce said.
Traders lose because of (FOMO) Fear of missing out and lack of patience of what he/she doing.
You saw a coin pumping, and then you bought it at its peak instead of waiting for it to do a correction. Suddenly the coin go gets deeper and you've decided to sold it.
Lesson to learn:
Always have a patience and do not chase of what is already gone up!
Crypto President on tuesday spoken about his coin and deployed his SEC officers