Everyone knows what they are doing when gambling etc
But nowadays crypto is being pitched as an investment to the layperson who doesn’t understand the risks and isn’t being told those risks by the exchanges. It’s those folks the SEC is trying to protect.
That and prevention of larger market issues that can arise from unregulated financial services, ie FTX
But nowadays crypto is being pitched as an investment to the layperson who doesn’t understand the risks and isn’t being told those risks by the exchanges. It’s those folks the SEC is trying to protect.
That and prevention of larger market issues that can arise from unregulated financial services, ie FTX