Cryptocurrency, the 13 June 2018 is a crucial day for their destiny? The SEC prepares public meeting to evaluate new ideas on the sector.
La volatility that characterizes i markets of cryptocurrencies it can be attributed to a number of factors, which are certainly not positive. Think about hacker attacks to exchange, negative reviews, false steps in the introduction of new features: elements that can well influence the values of the main digital currencies, fueling a sense of dissatisfaction and fear.
Another factor is investor insecurity resulting from the absence of government regulations. Traders and "simple" cryptocurrency enthusiasts, who perhaps would just like to use Bitcoin & co. for their own purchases, they don't know if the authorities will at some point openly declare themselves for or against the digital currency. And this insecurity is, after all, one of the most worrying aspects for much of the cryptocurrency community.
Well, in this sense it is not surprising that many eyes are pointed at the 13 June 2018, when the Securities and Exchange Commission (SEC) of the United States planned a conference of crypto-value investors at Georgia State University.
In short, on June 13, the SEC will hold a public event at the university, inviting members of the cryptocurrency community to participate in informal discussions with members of the agency. The arguments will come from cryptocurrencies as investment instruments FinTech development, going through every aspect typical of this new approach.
So, from 13 June 2018, perhaps SEC opinions will be destined to change gradually. For the moment, in fact, there is no doubt that the authority has taken a firm stand against the cryptocurrency and in particular against initial coin offers (ICOs). However, it should be stressed that the SEC position, while rigorous, is not necessarily the most antagonistic one cryptographic developmentbut always rather be extremely attentive to scams and more opaque aspects. The SEC has also indicated, already in less suspicious times, how cryptocurrency could be a valid offer, but within a well-finished playing field.
In short, a possible introduction of a regulation on these instruments could actually help reduce volatility and help the industry grow. Shane Brett, CEO of Gecko Governance, recently commented that institutional investor money is ready to be placed into the cryptocurrency, but that the lack of regulatory oversight - the same that is already applied in practically all investment sectors - is holding for the moment the institutional investors themselves are in a state of great prudence.
In short, the meeting of June 13 could give the cryptocurrency sector some information as necessary as essential on where the SEC will be directed with its next regulations ...
