History of the SEC enforcement against crypto
🏦 Lately, the Securities and Exchange Commission has been manifesting itself more tangibly in the realm of Defi every day, attempting to start regulating it more. The most recent news connected to the SEC is the decision Coinbase made following the Commission’s notice: the cryptocurrency exchange announced dropping their lending program. The public also anticipates crypto and Defi regulations to come into play every day.
💣 A general impression one can be left with is that the SEC is a hostile body supporting an old-fashioned take on finance and crypto — not to mention their latest investigation of Uniswap and BlockFi. Still, the Securities and Exchange Commission has good reasons for having an approach like this. What is their actual mission, and how can their extra cautiousness be explained?
🧐 Our recent article, “History of the SEC enforcement against crypto”, is going to reveal all the unobvious nuances of the SEC’s work and tell you more on the topic.