The Securities and Exchange Commission

The Securities and Exchange Commission (SEC) is a government-independent agency with the following main responsibilities:

1. application of federal securities laws
2. proposed regulation of stock exchange regulations

The SEC is designed to maintain equity among the various markets, facilitate capital formation and protect investors.

The turning point

2018, February 08: the Securities and Exchange Commission expresses its opinion on the crypto currency world. It has been a very important day for the crypto currency world. In fact, on this date, the SEC (the supervisory committee on the American markets) has expressed its opinion on Bitcoin and the world of cryptocurrencies.

Many investors feared a strong stand against the crypto environment. In the end the implications and final conclusions have certainly been positive. The SEC indeed claimed that these technologies (and the crypto world) have now taken root, especially among young people. Therefore, although with some precautions from the point of view of security, they will promote the cryptocurrencies.

ICOs

The Securities and Exchange Commission has paid close attention to the ICOs. This methodology involves raising funds to generate new coins. Currently ICOs have no regulation. The only information available is provided on the websites of the same cryptocurrencies. So this often involves creating fake currencies and inaccurate information.

The point of view of the main nations

In recent times there is an opening towards the world of cryptocurrencies from a geopolitical point of view. Some important nations such as Japan and Switzerland have proved largely favorable to cryptocurrencies. In fact, in these countries there are many payment systems based on cryptocurrencies.

Furthermore, there are reports that even Russia seems to think about its cryptocurrency. The United States seems likely to develop digital crypto currencies. Perhaps only China is among the great powers still reluctant to this type of innovation.

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