The American Securities and Exchange (Sec) commission changes its position on the crypto, and this time, it is a victory for the pieces even. In a surprising decision, the agency said Corners Like Trump and other popular tokens are not titles. This means that they will not be faced with the same strict financial regulations as investment stocks or contracts. Instead, the dry considers them as collectibles – bought for pleasure rather than serious financial gains.
But before thinking that the pieces even are clear, there is a catch. Although they may not be treated as traditional investments, this does not mean that crooks get a free pass. The SEC clearly indicated that fraud, deception and deception regimes will always win people in difficulty.
Let’s decompose it.
Dry: coins are not investments
According to the Last declaration of the dryThe pieces even do not respond to the legal definition of securities under the ACT Securities of 1933. Unlike the shares or investment contracts, they do not give rights of holders to future profits, income or ownership of the company. For this reason, creators and merchants even have the Coin do not have to register with the SEC or follow the same rules as traditional investments.
But that also means that investors do not get dry protection. Unattended, they are more exposed to fraud, pumping and dump and deceptive marketing diets.
Could other agencies intervene?
Legal experts, including Khurram Dara of Capital Crypto, believe that if the dry will not directly regulate the parts even, other federal or state agencies could still take measures against misleading practices. Thus, while the documents even escape the laws on securities, they will not be completely unregulated.
The law on memes: legislators want restrictions
The Declaction of the SEC comes as the Democrats of the Chamber push for the Modern law of emoluments and embezzlement (even). Led by the California representative, Sam Liccardo, the bill aims to prohibit civil servants from launching or approving memes. This follows the controversy around Donald Trump’s “Trump” play, which has seen a sharp increase and a value of value. The legislators fear that these tokens can be used badly for a personal or political gain, which raises ethical concerns.
The SEC decision triggered mixed reactions in cryptographic space. Some players in the industry see it as a positive step, arguing that lighter rules will bring more investment in parts even, especially in the United States Blockchains like Solana.
The lawyer for the crypto Ishmael Green pointed out that, since the pieces even are not officially titles, exchanges like Coinbase and Robinhood can feel more comfortable to list them – potentially stimulating commercial activity. Following the SEC announcement, The shares of major crypto exchanges have seen a small increase, reflecting growing optimism.
A turning point for crypto!
In another unexpected decision, the SEC abandons its prosecution against Coinbase, Consensys and Gemini. This indicates a major change in its approach to cryptographic assets, suggesting a more user -friendly regulatory environment.
With the same act on the table and the dry adjusting its position, the cryptographic industry – in particular the parts even – is in big changes. It remains to be seen that it brings more clarity or more confusion.
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