When the SEC warns about exchanges registering ...
How alts react:
Buy in at new lows? Advantageous or not? Word on the street is, people are considering buying in at the new low prices... could be something to capitalize on.
SEC says crypto is an "unregulated mess" and issues a 'warning'
What about decentralized exchanges?
Personally, I think this will just make people find ways to use more decentralized exchanges. Centralized ones are vulnerable to hacks as is, and those are the ones that will be the first targets for regulatory concerns. (IE. Coinbase-GDAX, Bittrex, etc.)
It's also never a bad idea to keep your crypto on a hardware wallet anyhow.
Congratulations @m-s! You received a personal award!
Click here to view your Board
Congratulations @m-s! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!