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"One of the biggest hurdles to crypto’s mass adoption is the lack of clear, fair regulation. For years, regulatory bodies like the Securities and Exchange Commission (or SEC) have done their best to cause as many headaches for the industry as possible, making it difficult to push this innovative tech forwards.
Thankfully though, that’s all about to change. That’s because President Trump has been appointing pro-crypto individuals into key positions, causing these regulatory bodies to completely rethink their approach. Needless to say, this is insanely bullish for crypto’s future.
What’s crazy is that in the short time since Trump took office, these regulators have already taken drastic measures to try and undo the damage. What this means is that crypto will finally have crypto-friendly regulations that will drive innovation and adoption, pumping everyone’s bags along the way."
~ Coin Bureau
0:00 Intro
0:42 Why Regulations Are Important For Crypto
2:22 Securities and Exchange Commission (SEC)
7:34 Commodity Futures Trading Commission (CFTC)
12:13 Federal Deposit Insurance Corporation (FDIC)
16:01 Office of the Comptroller of the Currency (OCC)
19:09 What Does This Mean For The Crypto Market?
Source - Coin Bureau YouTube:
https://www.youtube.com/watch?v=qWKASqMdmcg
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
