All altcoins will be delisted, leaving just three:
3. Bitcoin Cash ($BCH )
Whatâs happening?
Altcoins are being removed due to being classified as "securities." This is a huge risk for the entire crypto market. Will the SEC push other exchanges to follow suit? While it's unclear, we do know the SEC has filed similar lawsuits against other platforms.
Gary Gensler, a strong opponent of multiple coins on exchanges, is making waves again. With recent polls showing Harris in the lead and Gensler eyeing the Treasury Secretary position, heâs likely to keep his sights on altcoins.
Please understand this isnât about celebrating anyone's loss. Iâm simply sharing this critical news for those affected. Stay tuned for more updates as this unfolds.
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