SEC Re-organize Crypto Unit to Focus on Cyber Crime and Emerging Technologies
Di U.S. Securities and Exchange Commission (SEC) don change how dem dey focus on top cryptocurrency enforcement by replacing dia old Crypto Assets and Cyber Unit with di new Cyber and Emerging Technologies Unit. Dis change show say dem wan dey look matta differently so dat e go include different kind of technology wahala like blockchain froud, hacker activities, and social media wayo, with about 30 specialists for di team. Under di leadership of barrister Laura D’Allaird, wey dem sabi for her work for di Kik Interactive case, di unit wan protect investors and make sure market dey correct. Dis reorientation dey align with wetin recent administrations wan do to balance innovation with strong regulation, wit di formation of new Crypto Task Force to support dis work. Di way SEC dey do am show say regulatory landscape dey change wey go fix wetin no correct for before and focus on top making sure digital asset market dey stable.
Neutral
Di restructuring of SEC unit dey show say dem wan move towards bigger regulatory measures instead of just focusing on cryptocurrencies. Dis one dey suggest say e no go too affect crypto market, because e no mean say dem go start to dey deal with crypto anyhow, but e dey imply say dem wan balance regulation and market integrity. Di formation of task force fit bring stricter oversight, and e fit affect some projects, but e still dey aim to create more stable market environment. Dis one fit give investors confidence and promote better regulatory tone, so e no go cause market to shake too much for now.