Author Topic: Why does the SEC affect the course of decentralized currencies? (Read 2643 times)

De_nis · « **on:** June 15, 2018, 12:09:24 PM »

Why does the SEC affect the course of decentralized currencies?

Altcoins Talks - Cryptocurrency Forum · « **on:** June 15, 2018, 12:09:24 PM »

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altcoingamer · « **Reply #1 on:** June 17, 2018, 09:59:40 PM »

It's a tough question, but people tend to buy and sell a lot based off of exchange listings and at least some major are exchanges could be influenced by this... Most buying and selling of coins is based on hype or fud, and I think it could have been disastrous for Ethereum's price to have been considered a security... especially with the United States paving the way for what a lot of other countries do. I almost feel like they named it not a security just to avoid the disaster it would have created.

Alcor · « **Reply #2 on:** August 26, 2020, 06:08:27 PM »

States through their bodies will establish the rules for the circulation of decentralized cryptocurrency in society. There is nothing we can do about it, since cryptocurrency is increasingly affecting the financial relations and economy of each state, and this is the sphere of direct interests and functions of each state. Therefore, states will adopt their own laws and regulations regarding cryptocurrency, this is their right and duty.

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