~ The Saloon ~ Crypto & Stocks ~

[xZx]

maybe, but i've never seen the SEC move impulsively and quickly on anything. the new standards for OTC happened over years. with a period for "public comments" before any decision was made.

the tax issues re: crypto "know you customer" rules (KYC) are a first step imo, fairly separate from efforts at wider regulation.

will more cryptos start getting delisted? first of all, it's a global market. also, it's tough to do when decentralized exchanges can launch them.

and XRP was an outlier imo.

from september 20th:

SEC vs. Ripple case could establish limit on agency's future involvement in crypto regulation: sources

The case could establish how much authority the SEC has over regulating the $2.2 trillion crypto market

https://www.foxbusiness.com/markets/sec-vs-ripple-case-crypto-regulation

another factor is how much tax revenues crypto will generate. why would the SEC put a stop to that?