SEC Forced to Take Strict Actions on Cryptocurrencies

The United States Securities and Exchange Commission (SEC) has rekindled its name among the most feared names of recent days. Thousands of dollars of fines for two ICOs have come to the fore and the feared expectations have started to come true due to the fact that they have been targeting/examining crypto money projects more recently.

The SEC administration announced that they were examining cryptocurrencies immediately after the Senate criticisms against the US administration, and that there was a threat. explained that they did not allow them and that they were careful to keep the whole market/sector under control. After these statements, US senators warned that cryptocurrencies could be a threat and that the US should take the necessary measures by taking the first steps in this regard and warned the SEC to act faster. It is impossible to know whether the steps were a response to the US senators or a serious threat.