OpenSea CEO happy for SEC leadership change as crypto rules dey get small small details and market innovation dey grow
Di crypto world, tins don dey chanj rules big time as SEC don put Paul Atkins as oga, comot di way dem dey just take force law and bring soft-soft way wey go make innovation easy. OpenSea oga Kpatakpata, Devin Finzer, wey before bin dey yan say SEC own palava too much unda Biden government, say things don beta well well since dem don comot case wey dem carry against main crypto companies like Coinbase, Kraken, Uniswap, Yuga Labs, and Ripple. E mean say di bad mind wey regulators get before don cool down, traders and developers go less fear, and investors go fit trust pass before. Finzer talk say na important make rules get sense, make dem sabi say all dis digital money no be di same, and make dem create rules wey go protect people wey dey use am but still allow new new things for digital assets – especially for NFTs, DeFi, and all dis blockchain tinz. Even as NFT sales don drop since FTX palava, OpenSea don dey chanj to become beta place to trade all dis digital tinz for di chain, show say dis sector strong. Di way US regulators don dey talk softly na because crypto people don give plenty money to politicians wey like crypto for di 2024 US election, show say dem wan make America be di main place for crypto world. Dis chanj for rules go helep digital assets grow well, make di market clear, and make many investors join, wey fit make US stay as oga for di global crypto market.
Bullish
Di SEC enforcement actions wey don dey moderate and di appointment of one chair wey like crypto well well don show say di US digital asset market go get better regulatory change. Dis change go reduce legal wahala for big crypto companies, increase trust for investors and developers, and e fit ginger innovation for all crypto sectors, especially NFTs and DeFi. As di industry dey get more power for politics and get chance for clear regulatory rules, e just add to di hope. Before before, when regulation clear for US, e dey always come before plenty money enter, new projects start, and asset prices go up. So, dem expect dis news to make di crypto market do well (bullish), support small small profit as hope dey increase, and long term growth as US make im leadership for di industry strong.