Does the SEC pose an existential threat to the cryptocurrency market?

in Reverio2 years ago

The SEC has declared several cryptocurrencies as securities and has impacted their future.

Cryptocurrencies including SOL and MATIC have been impacted as the SEC has declared them to be secuitires, meaning they have to obey securities legislation.

With this threat, is the cryptocurrency market in trouble, or will it's resiliency be self evident?  Can large cryptocurrency projects meet securities law requirements?  Compliance may be expensive, but larger projects may be able to meet their obligations.

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