After NFA’s Coinbase Approval, Will SEC Ride The Same Crypto Wave?

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In the dynamic world of digital assets, regulatory bodies are in a continuous race to keep up. With the recent decision by the National Futures Association (NFA) to approve Coinbase Global Inc (NASDAQ: COIN) as a Futures Commission Merchant (FCM), all eyes are now on the Securities and Exchange Commission (SEC). Will the SEC align with the NFA’s progressive stance, or will it carve its own path? Richard Mico, the U.S. CEO, and chief legal officer of Banxa, a payment-and-compliance infrastructure provider, weighed in on the matter. “I’m cautiously optimistic about the state of regulation in the…

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