The recent meeting between Trump and the UK Prime Minister, followed by SEC's announcements, has generated significant interest in the cryptocurrency community.
Trump's Notable Declarations
After meeting with the UK Prime Minister, Donald Trump announced forthcoming changes in trade tariffs, noting that 'permanent customs duties will no longer be necessary thanks to trade agreements.'
Closure of the Coinbase Case
Recently, it was announced that the case against Coinbase has been concluded. The SEC withdrew its lawsuit against the exchange, and Coinbase waived its right to file a counter-suit. This decision has impacted the market as participants anticipate changes in regulatory approaches.
SEC's New Strategy for the Crypto Market
The SEC announced plans to develop a new regulatory approach to the cryptocurrency market. This could mean creating a more clear and accessible policy that will help market participants better navigate the regulatory environment.
These changes have the potential to alter the regulatory approach to the cryptocurrency market, fostering a more transparent and predictable policy in this sector.
