Perhaps the most important thing last year should be the appreciation of the entire market for the fact that the SEC will not relinquish its regulatory responsibilities in light of recent technological developments. Or at least the investment opportunities they present.
This may mean that the market could now enter a compliance phase where securities laws, issues and other regulatory concerns are incorporated into digital asset business models from the outset, rather than being grafted in subsequently.
‘Enforcement 40’ for 2020
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