Valerie A. Szczepanik, Senior Advisor for Digital Assets and Innovation at the U.S. Securities and Exchange Commission is confident that very soon the crypto market will overcome the winter that began during 2018.
Speaking at the SXSW in Austin, Texas, Ms. Szczepanik commented that over time, the SEC is becoming clearer about the nature of cryptocurrencies and the type of treatment they should give to all the different kind of digital assets. This clarity in the criteria of the regulatory agencies will directly result in a boost to the crypto markets by increasing the safety and confidence of users:
I do think if we hope to smell the crypto spring in the air, it will take people walking with the regulators … But I do think the spring is going to come.
SEC is Working Hard (But Slowly)
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Jose Antonio Lanz