The SEC has no plans to regulate BTC this year...

There is some rejoicing over the fact that the SEC left out bitcoin in its roadmap for 2021 regulations.

Some see that as a stamp of approval but I see it as two things...

The first is that bitcoin is already regulated.

The second is that technically I believe the CFTC is in charge if regulating assets, so there's that. :)

Either way, there's this:

(Source: https://twitter.com/AltcoinDailyio/status/1404492900520529922)

Even if BTC and the like do fall under the purview of the SEC, more regulations aren't necessarily better.

They just need to enforce what is in place.

The real changes need to come from how the IRS classifies bitcoin.