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How SEC Regs Will Change Cryptocurrency Markets

·5 min read
How SEC Regs Will Change Cryptocurrency Markets

Distrust of governments' traditional role as issuers of so-called "fiat money" has fueled the phenomenal growth of cryptocurrency markets in recent years. Now that growth is rapidly educating the crypto industry about another key government function—that of regulating financial markets and securities trading. The U.S. Securities and Exchange Commission (SEC) is leading the push to subject cryptocurrency markets to the full spectrum of financial regulations the agency oversees.