Cryptocurrency industry today is witnessing a very critical change and the USA was the country that initiated this change. US President Joe BidenCryptocurrency orders, which have been expected for days, have been published.
SEC Chairman Also Made Statement
The orders issued by the White House had a positive impact on the cryptocurrency industry, with Bitcoin (BTC) gaining 8% in a short time. As BTC suddenly started to push the $42,000 resistance, altcoins followed suit. alright US Securities and Exchange Commission (SEC) What kind of statement came from the front about this?
SEC Chairman, who is known for his not very friendly attitude towards the crypto money industry Gary Gensler joined this law with a tweet. Gensler explained what the real target is and what they will do with Biden’s presidential order.
SEC Chairman, He added that he looks forward to working with colleagues across the government in the continuation of this order to achieve important public goals. President Gensler emphasized that the said objectives are “to protect the investor & consumer, to defend against illegal acts and to ensure financial stability”.
today, @POTUS signed an Executive Order on crypto-assets. I look forward to collaborating with colleagues across the government to achieve important public policy goals: protecting investors & consumers, guarding against illicit activity, & helping ensure financial stability.
— Gary Gensler (@GaryGensler) March 9, 2022
Exactly before this announcement, Gensler identified the founders of an altcoin through the SEC. $124 million accusing him of fraud brought to mind exactly what would happen.
Although the SEC will have the authority to go harder on crypto money projects with this presidential decree, it was also emphasized that the support of innovation was emphasized in the statement made by the White House.