Well guys there comes a time where monumental events occur and I believe this is one of them for crypto. Coinbase recently got served a wells notice by the SEC for possible violations of security laws.
This is no joke, this event will and what follows will bring forth many questions regarding the legitimacy of applying current security regulations to crypto while also paving a way for the future of cryptocurrency in the United States.
I think this event, compounded by FTX and Ripple, will lead to heightened awareness and lack there of proper crypto regulation and I welcome it. Proper, not more, regulation will build a solid foundation for crypto in the US, and thus the world.
It just doesn’t make sense that the SEC would want to push big companies, and crypto, out of the US when it brings not only millions and billions in taxes but builds onto the technological hub that the US is supposed to be.
What do you think?
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