SEC Targets Kraken & Big Names Like Cardano, Solana, Algorand!
In this video, I discuss the significant news of the SEC charging Kraken for operating as an unregistered securities exchange broker and dealer, a development that has stirred concern among cryptocurrency holders. I delve into the broader context of the SEC’s ongoing conflict with the crypto industry, highlighting past cases against Binance, Coinbase, and Ripple. I emphasize the political aspects of these actions, suggesting that the SEC’s moves are strategic and politically motivated, particularly against the backdrop of broader issues in American politics. I also cover the implications for various altcoins, with a focus on ADA (Cardano) and its unique situation, including its ICO launch in Japan and its distinction from other cryptocurrencies.
Furthermore, I touch upon the supportive stance of various figures and scholars in the crypto industry and the legal arguments that favor cryptocurrencies. The video aims to provide clarity and perspective on these legal battles, underscoring my belief that the law currently sides with the crypto industry, despite the uncertainty and challenges posed by the SEC’s actions. Finally, I encourage viewers to share their thoughts and subscribe for more updates on this evolving story.
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0:00 Intro
1:10 It’s all political
2:25 Will America get this right?
3:30 SEC mentions Cardano
4:30 Crypto has law on its side
5:00 Coinbase vs. SEC context
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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.
Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
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