Large corporations are beginning to look closely at cryptocurrencies not only as a tool for investment, but also as a means of payment. According to representatives of the US Securities Commission (SEC), in this area it is high time to adopt transparent rules for the circulation of cryptocurrencies, which would allow attracting a “new generation of investors” to the market.
These remarks were made in an interview with Reuters by Hester Pierce, representing the interests of the aforementioned US federal agency. Previously, she has repeatedly spoken out in favor of the spread of cryptocurrencies, and with the coming to power in the country of a new team, the moment for establishing a legislative framework for the cryptocurrency market comes, in her opinion.
The interest of corporations in this instrument and means of payment underlines the need for early adoption of transparent and understandable rules for the circulation of cryptocurrency assets, according to Pearce. Attracting more participants to the market, in her opinion, will contribute to healthier pricing. Now the SEC is studying the impact of various factors on the market, starting with rate fluctuations, the role of private investors and the peculiarities of cryptocurrency turnover after transactions are made.
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