SEC don face wahala from two parties because dem no release analysis of crypto bill, wey dey raise question about how transparent dem be for U.S. crypto regulation.
Di U.S. Securities and Exchange Commission (SEC) dem get criticism from both sides of politics say dem dey hide important data and technical analysis wey concern one big crypto regulation bill, the CLARITY Act, from Congress. At first, SEC share dem analysis only with some Republican lawmakers, and na dat one make Democrats vex say di agency no get transparency. Dis wahala show say tension dey rise on top how dem go oversee and develop crypto regulation for inside America. Di CLARITY Act wan share regulatory responsibilities between SEC and Commodity Futures Trading Commission (CFTC), suggesting say CFTC go oversee digital commodity spot markets like Bitcoin and Ethereum while SEC go still regulate digital asset securities. E get provisions like clearer platform registration, compliance with Bank Secrecy Act, custody standards, and special exemptions for DeFi protocols and non-custodial wallets. As di crypto industry dey face more scrutiny and calls for clearer regulations, dis quarrel fit delay di much-needed regulatory clarity, and dat one go affect investor confidence, market stability, and di future of digital asset trading for inside U.S.
Neutral
Di news na dey yarn about di palava wey dey regulatory process and say dem no dey transparent, no be say new policy don come out or dem don block anything wey go affect specific cryptocurrencies. Even if SEC no dey share information well, wey fit make clear crypto regulation delay, e no mean say new rules don come or say market go just scatter. Traders fit dey cautious because of possible wahala with lawmaking, but di real foundation for trading big assets like Bitcoin and Ethereum still dey di same for short time. For long run, wetin go happen fit affect U.S. crypto market structure, but for now, di impact no dey serious until dem do more for lawmaking.