Breaking: Value of Bitcoin Plummets by 10% Following SEC Announcement
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Breaking: Value of Bitcoin Plummets by 10% Following SEC Announcement
The U.S. Securities and Exchange Commission announced today that it intends to require online cryptocurrency trading platforms to register with it as exchanges. In unrelated news, this just happened:
The SEC said in its statement: “If a platform offers trading of digital assets that are securities and operates as an ‘exchange,’ as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration.”
The drop in price can likely be attributed to several recent developments in the US that are demonstrate that the authorities are creating a read more)
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