The SEC (U.S. Securities and Exchange Commission) is the main financial regulator in the United States. Think of it as Wall Street’s watchdog.
What is it?
The main financial regulator in the U.S. that oversees the securities market, protects investors, and tries to prevent financial fraud.
What does it do?
- Approves IPOs
- Monitors fairness in the stock market
- Sues those who run pump & dump schemes or launch “wrong” tokens
- Currently suing major crypto companies like Ripple, Coinbase, Binance, and others
⚖️ Why is the crypto world afraid of it?
The SEC believes that many tokens are securities, and therefore must be strictly regulated.
The crypto community, on the other hand, argues that the SEC is stifling innovation and holding back market growth.
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