By Luke - Crypto expert - 02-12-2021
The Investor Advisory Committee held by the Securities and Exchange Commission (SEC) will take place on December 2 this year. The SEC typically gather together to discuss buying crypto and digital assets in order to provide peace of mind to investors. As technology grows and new advanced crypto market investments emerge, there is a lot of need for trust and safety in the market. Within the meeting today, the committee will be bringing up the main issues of investing in cryptocurrency, and discussing the different ways they can improve “investor protection.” The SEC of course will go over how cryptocurrency assets are being regulated and the coins legislative systems. They would further go through any specific details that need to be looked at or addressed early on.
One of the first points of discussion will be the risk that comes with new and exciting technologies. There has been an on-going risk warning whenever people buy cryptocurrency due to the volatility in the market, and this applies to all similar projects such as non-fungible tokens (NFTs) and Metaverse initiatives. Eventually the committee will move away from the crypto-risk talks and will cover subjects such as decentralised blockchain technology, ETFs, and stablecoins. Blockchain technology is quickly getting widespread adoption and is being used to update modern tech. More recently, blockchain is being integrated into games such as play-to-earn Splinterlands, Axie Infinity, and My DeFi Pet (DPET).