The SEC adopted a proactive environment for cryptocurrencies

The president of the organization ensures that it has tried to have a measured environment, but encourages the development of this technology

The president of the Commission of Exchanges and Values ​​of the United States (SEC), Jay Clayton assured that the work of the organism has allowed to develop an environment of coexistence for the world of the cryptocurrencies where retailers and institutions can grow.

US regulators believe they have adopted a “measured but proactive approach” to the regulation of cryptocurrencies, which helps both retail and institutional investors.

On the other hand, Clayton commented that the potential of blockchain technology to incentivize participants in the digital asset market is truly present today.

“As I said earlier, I am optimistic that the development of blockchain technology can help facilitate capital formation, providing promising investment opportunities for both institutional and Main Street investors”, said the president of the SEC.

The organism’s tactic has been developed under a “measured regulatory approach” but basically proactive which, in Clayton’s words “encourages innovation and capital formation while protecting our investors and our markets”.

K. Tovar

Source: Cointelegraph

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