SEC Announced it Will Not Tackle Cryptocurrency Regulation this Year

•Late Monday afternoon, the U.S. Securities and Exchange Commission (SEC) made public its regulatory agenda for 2021.

•This is an unexpected development for many market watchers because the chairman made repeated public comments, including a broadcast interview last month, where he stated that the cryptocurrency space needed oversight to protect investors.

•The regulatory omission of crypto from the SEC’s possible policy punch list is surprising given recent news regarding cryptocurrency miner energy consumption, increasing ransomware attacks

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