Crypto Is Here To Stay—Even The SEC Can’t Do Anything About It, Analyst Says
The US markets have seen a surge of digital coins. Millions of Americans now hold tokens in their wallets. Blocking all of it suddenly would be nearly impossible. At the same time, leaving this sector with no rules puts everyday investors in harm’s way.
Why Ban Is Off The Table
According to Bloomberg columnist Matt Levine, outright banning crypto is off the table. He points out that tens of millions of people own digital assets today.
Pulling the plug now would ripple through trading platforms, payment apps, and even major Wall Street firms. Levine argues that such a move would simply drive innovation and jobs offshore.
Hostile Past Still Looms
Under former SEC Chair Gary Gensler, most tokens were treated as stocks. That meant they…
