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How SEC Can Preserve Its Dignity Despite Cryptocurrency Court Failure

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Following the recent court rulings that sided with the cryptocurrency sector, the United States SEC has been humbled and forced to run amok, trying to know what to do next.

In what may become an “everything is bon” moment as every one of its efforts became fruitless, Michael Anderson expects that the Securities and Exchange Commission should switch its messaging theme to “mission accomplished”.

READ ALSO: Lending-savings rate gap narrowed by 1.62% in July

In Brief

  • According to the Bell Curve Podcast, the co-founder of Framework Ventures proposes to the United States Securities and Exchange Commission to make a switch in its previous strategy.
  • He further advised the SEC to adopt the saying, “We were able to regulate it, we accomplished it, and everything is now okay.
  • Moreover, almost everyone is now criticizing the SEC, and the people on Wall Street have joined the round of critics. Also, there has been a cruel takedown of the Securities and Exchange Commission’s moves as failed power grabs.
  • As a result, Anderson is advising the SEC not to lose hope but to adopt a positive approach

What’s Happening In Crypto Today?

At the time of this writing, the price of Bitcoin is at $25,835.09, with a drop in market cap by 0.29% and an increase in trading volume by 33.93%.

On the side of Ethereum, it is presently trading at $1,627.81, with a drop in market cap by 0.32% and an increase in trading volume by 36.27%.

  • Meanwhile, Dogecoin is selling at $0.06296, with a drop in market cap by 0.57% and an increase in trading volume by 13.05%.
  • Solana is currently trading at $19.40, with a drop in market cap by 0.16% and an increase in trading volume by 25.56%.
  • TRON is currently trading at $0.07709, with an increase in market cap by 0.43% and an increase in trading volume by 14.00%.
  • On the side of Toncoin, it is selling at $1.91, with an increase in market cap by 1.87% and a drop in trading volume by 11.86%.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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