Cripto regulation compared that “The floor is a lion” How Trump is turned back

At the recent Securities and Exchange Commissions (Sec), the Commissioner Hester Peirce has compared the experience of American financial companies in the regulations of cryptocurrency to play the game “On the floor is a lion” – but in the dark writes Cointelgraph.

Speaking of the “Know Guardian” event, 25. April, Peirce said to deal with cryptic guidelines, forcing them to avoid direct interaction with digital assets to be created for different regulatory violations.

“The DC version of this game is our regulatory approach to the Cryptocurrency funds and special detention for cryptocurrency, is especially,” Peirce said. “Sex-registrants had to jump from a poorly illuminated regulatory space on the next, and as long as they are to be ever touched by any cryptocurrency.”

Peirce explained that investment advisors is often difficult to determine what funds for cryptocurrency are as secrecy, which are counted as qualified custodians, and would participate in activities or voting began a violation.

“Turning in the regulatory version is that in the dark, it is largely played in the dark: combustion of a lavish lava and without lamps to lighten the way,” she said.

Without a clear framework, brokers and alternative trade systems (ATS) would fight for the development of robust digital property markets, added.

The SEC Mark UIeda commissioner resonated similar concerns during the event, saying that creptocurrency registrators should have access to detention options that comply with legal standards. UIeda proposed to enable advisors to use “Curtered-Chartered Converust companies” as skilled guardians can help fill the gap.

The newly appointed SEC chair Paul Atkins stressed the potential advantages of Blocchain technology, emphasizing its capacity to improve efficiency, transparency, risk management and cost reduction, cost reduction. Atkins said he plans to cooperate with Congress and Trump administration to create a regulatory framework adapted to the Cryptocurrency property, signaling the transition from the previous paragraph of the Agency.

“I look forward to involving market participants and work with colleagues in the administration of President Trump and Congress to establish a rational convenient framework for cryptocurrency,” Atkins said.

Senator Ossoff calls Trump’s Imperium for Memon Concrete

Also in Washington, the activities related to cryptocurrency encourage political tensions. The American Senator Jon Ossoff expressed support for initiating the intermittent against President Donald Trump, stating the concerns of a private evening offered to the best owners of the “official Trump” Memecoin.

Speaking of an event in the city in Georgia 25. April, Ossoff criticized the participation of the President in what he described as a sale of access to political influence with cryptocurrency.

“(…) Sitting President of the United States Sales access for what is directly payable to him. There is no doubt that it does not rise to the level of violation,” Ossoff said NBC News.

The Senator said that the impeachment would be difficult under the current political balance, where Republicans control both congress chambers. However, he said that this issue could be restored if the Democrats regain the majority at the High School of Elections 2026. years.

Controversies stems from the announcement 23. April, when the Trump Memecoin project revealed plans for exclusive dinner in Trump Golf Club in Washington, DC, referring to the above 220 trump owners of Token. The event requested a spike in the price of memecoin, and porting a gear with over 50% after the news.

According to the official Trump Project website, applicants should pass checks and meet eligibility conditions, such as avoiding the famous list of your customer (KIC). In the midst of speculation that participants would have to qualify, clarified that the Memecoin team clarified that the section will be based on the public leader, and not to be blocked or non-participants could count.

Legal experts have set concerns due to possible conflicts of interests related to conflicts for cryptocurnent presidents, including Trump’s memecoin and the world project of financial decentralized financial decentralization (DEFs). Some argue that any decisions on policies affecting the digital property industry could be overlaped with the presidential personal financial interests.

“In just a few days, they attend a function, signed numerous executive orders, which will significantly affect the way that our cryptocurrency and industry of digital assets act,” Charlin said Rikka’s law firm. “So, if he has personal benefit resulting from his own policy, it is a conflict of interest.”

(Photo would Unravel)

See also: Criptocurrency in South Korea is facing new rules after political ways

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Tags: hi, cryptocurrency