๐ Stablecoins and DeFi could be SEC's next target
Analysts at investment bank Berenberg say that if the SEC wants to reduce the potential of unregulated DeFi protocols as a viable alternative to regulated lenders and exchanges, it could start by putting pressure on stackable coins. ๐คฏ
๐ด The main beneficiary in this situation would be bitcoin, which is currently the only one classified as a commodity.
#Binance #crypto2023 #SEC #Binance
$BTC
Analysts at investment bank Berenberg say that if the SEC wants to reduce the potential of unregulated DeFi protocols as a viable alternative to regulated lenders and exchanges, it could start by putting pressure on stackable coins. ๐คฏ
๐ด The main beneficiary in this situation would be bitcoin, which is currently the only one classified as a commodity.
#Binance #crypto2023 #SEC #Binance
$BTC