The SEC’s attempt to regulate cryptocurrencies as securities is exemplified in the ongoing Ripple case. However, the SEC’s recent push to broaden the meaning of “custodian” to encompass all assets could result in a de facto prohibition on centralized exchanges. On the other hand, decentralized exchanges like TMS Network (TMSN) would be unaffected, enabling unhindered trading of cryptocurrencies like FileCoin (FIL) and Litecoin (LTC). FileCoin (FIL) – Using Decentralized Storage for Profit Filecoin (FIL) is a decentralized, blockchain-based cryptocurrency project that aims to create a decentralized storage network for the world’s information. The project was created by Protocol Labs, a
The post Move by SEC to Tighten Crypto Regulations Doesn’t Phase TMS Network (TMSN), Litecoin (LTC) and Filecoin (FIL) Investors appeared first on The Merkle News.
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