SEC scaring all the non-believer investors away.  
Do i say thank you?
Great article.

Sounds pretty desperate, indeed.  A big part of why I chose to invest in cryptocurrency was not having to deal with things such as the SEC, so don't expect to see any of my info for extortion purposes about it.

I like this. Followed you

This crypto evolution is not primarily for the west, but for those who are excluded by the traditional banking systems of the world.  Because of that, this is their (3rd world) asset class.  The regulators will scare the 1.5 billion of us who they have control over into compliance, but will ignore the other 5.5 billion.  The result will be a metaphorical "United States of Africa" that rises up in defiance of the old guard.  The regulators can't control the whole world which is why they will end up isolated in their gilded cage.

I'm concerned mostly about the "need" to regulate crypto's globally, that the creature Christine LeGarde is calling for.  Then we'll see some panic!

The SEC can't be serious, exchanges are not trying to appear regulated at all. This is nothing more than the SEC trying to get their piece of the action. 

"but there is no reason to believe that such information has the same integrity as that provided by national securities exchanges.”"

The same exchanges were hedge funds spend large amounts ensuring their offices are closer to the exchange servers in order to gain advantages of others?

Time to change DEX to DTP - Decentralized Trade Platform. 

Problem solved.

Any certainty will be good, once we know where the regulators stand we can act accordingly.

*"The federal government wants — rather, it needs — to have a say in how the trading of digital assets operates. Without an official hand in the game, it risks obsolescence."*
yep.  Apparently they haven't figured out the definitely to **"Decentralized"** yet ;>)

d
![1 unfucker badge tiny.jpg](https://steemitimages.com/DQmQuQQTrsv7bV3E7Hg1JriEf2hBGfaGfEbu16Cosiwibjt/1%20unfucker%20badge%20tiny.jpg)

Nice read, very well explained how SEC uses the "law" to mask fear over loss of control. 

It seems to me that a statement on the exchange web sites to the effect, "not regulated by SEC (or whatever)," would cover them. But, I am not a legal beagle, so, what do I know? ;)

I am no fan of government intrusion into crypto but then again the crypto eco-system appears to have shown no interest in any kind of self-regulation. There is  a huge amount of scamming going on in the crypto world which needs to be addressed by the community at large.

<center>I don't consent to the SEC or any other fraudulent fictional man made nonsense period. It's all a scam and when people are *really* done consenting they (the entire fictional character that is govt) will be rendered obsolete. We don't need them. They only cause problems and that is what they have done ever since they used the churches and the royals to conquer everyone by force. Everyone believing in this system is a conquered people.</center>