Analyst: Crypto regulations are unlikely to be relaxed despite SEC’s recent lawsuit loss
According to a report by Golden Finance, Morgan Stanley analysts warned investors last week that despite the recent losses of several court cases against cryptocurrency companies by the US SEC, cryptocurrency regulation in the US is unlikely to relax. Morgan Stanley analysts stated that due to the unregulated nature of the cryptocurrency industry, it is unclear whether regulatory tightening will significantly weaken the industry. We do not believe that US lawmakers will change their stance due to the aforementioned legal cases, especially with the memory of the FTX fraud case still fresh. US cryptocurrency regulations "remain uncertain".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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