SEC chair Gensler's departure sparks hope for compromises in crypto cases, regulation

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What the TikTok ban will do to an investor 💀

Market Ripple Effect; Competitive platforms like instagram , YouTube and the others are definitely throwing a “we survived TikTok “ party. Let me explain;

As TikTok managed to become second to Facebook, having most users worldwide, its disappearance Would mean more users, more ads, more cash for the other platforms, forcing foreign tech companies to clutch their pearls, and withhold all investments, and these are the very whales, providing liquidity for most centralized blockchain networks.

There will be ad revenue redistribution. It’s basically like getting coffee from another shop, even though Starbucks is your go-to place. This will shake the trust in china based investments. Traders love chaos, being the best time to make profits whether the stocks swing up or down. In other words, the ban on TikTok screams something into our portfolios, which is, “Diversify or Die!😂”. It’s a painful reminder that the government can flip the trend, monopoly style😂.
But not on decentralized exchanges tho.

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#TikTok #GenZCryptoVoice #DanielSackey #SECCryptoRule

🚨NEW: @SECGov Commissioner @HesterPeirce just alluded to “Operation Chokepoint 2.0” in her interview with @LizClaman on @FoxBusiness and also outlined the 3 things she thinks need to be done under @realDonaldTrump’s new SEC to help give the #crypto industry some clarity.

1. “Stop the chokepoint aspect of government regulation.”

“Step one is to stop this approach of trying to prevent crypto from getting access to the services that it needs — custody, for example — to move forward.”

2. “Provide clarity around which things are not within the SEC’s ambit, so which things are not securities and which people don't have to think about the SEC’s regulatory framework.”

3. “Work with entities involved in crypto to try to figure out how the existing rules apply and where adjustments need to be made. And that needs to be a group exercise. It needs to be done in the public so that everyone can participate in it. And I think we can get to a good place to do that relatively quickly.”

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$BNB
$XRP
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THE SEC STRIKES AGAIN🚨🚨🚨

The SEC just released a wells notice Today, Amazing NFT project, CyberKongz. The SEC claims that they have violated several security codes of conduct, Specifically, in relation to The sale of Genesis contract for Kongz NFT in April 2021. Isn’t it odd how they’ve been able to bring up a case that was three years ago?

The defendant being CyberKongz explained the sale was nothing but a contract migration and was disappointed in the SEC for not understanding simple terms in policy-making.

CyberKongz claim that such allegations Is an attempt from the Biden Administration to set the industry back into ruins or poor, developmental foundations.

We are yet to hear from the council make sure you comment your thoughts and Follow me for the latest updates.

#SECCryptoRule #CyberKongz #GenZCryptoVoice #DanielSackey