The US SEC Chairman Warns of Upcoming Cryptocurrency Regulation in 2021 | Bitcoin & Ethereum News

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The US SEC Chairman warns of upcoming regulation for bitcoin, ethereum and chainlink cryptocurrency in 2021!
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TimeStamps:
00:00 SEC Chairman on Cryptocurrency Regulation in 2021
04:19 Ethereum 2.0 Update
05:51 A Word About our Sponsor, Blockfi
06:58 Zcash (ZEC) Cryptocurrency
08:58 Chainlink (LINK) and Matic (MATIC)
10:00 Bitcoin Taproot 45%
10:51 Final Thoughts

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The US SEC Chairman Warns of Upcoming Cryptocurrency Regulation in 2021 | Bitcoin & Ethereum News

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64 comments

  1. He has no right to regulate anything except for laws that apply to that little city called US in the district of columbia.

  2. Rising of bitcoin reasons: Scaricity, decentralized, borderless, store of value, financial freedom and apolitical money.

  3. Anything that drives bitcoin to china will be rescinded. They’ll never be able to successfully regulate it anyway

  4. That’s correct , and I will ask him how his laws apply to me outside of those 10 square miles of they’re jurisdiction

  5. The SEC can always just send a strongly worded letter directly to the CEO of bitcoin.

  6. This is where blockchain websites like unstoppable domains will come in and privacy coins will be the major currency. An uncensorable website with untraceable payments sounds like the future

  7. Why should the government get their cut when the fed and central banks can make money out of thin air. Get out of here. This type of foolery must end.

  8. How can they think it needs to be regulated when it’s already regulated by maths and code? What they mean is controlled.

  9. Not your keys not your coins.
    When Gov does “Gold to Bitcoin Confiscation 2.0” all your cryptos held in ANY bank will be gone.

  10. No, you can’t. The government has nukes, jets, tanks, etc. The only way to limit a government’s power is to seriously impede its ability to enforce law and/or get your own nukes.

  11. *When life hits you hard go harder your success is not based on a man decision it’s based on your actions and those actions got consequences it’s either good or bad so it’s up to you thank God I made the right choice with payday_hacks on !G I just got a new car*

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  17. @P C How? They can’t. Most of the exchanges people use are based in foreign countries overseas. Binance is the largest exchange but the headquarters are in Hong Kong. Other major exchanges are in Singapore, Japan, etc.

  18. @P C At which point you stop using that exchange, your holdings should never be primarily on an exchange anyway. They can’t stop wallet-to-wallet transactions and they can’t prevent buying/selling on exchanges. I’ve no issue paying capital gains tax and doing things by the book but if the government tries to interfere with our wallets then all that will happen is that the exchanges which comply will lose customers and be embroiled in a ridiculous amount of lawsuits, and the US also can’t compel other countries to do the same so all that will happen is that exchanges will be based in other countries and they’ll be denying their own citizens the opportunity to participate. Those who are already in the space will happily travel to a foreign country to continue doing their business. And as we all know, they can do nothing about the blockchain itself, they can make their own centralised nonsense which is just a carbon copy of the current FIAT currencies but they can’t touch BTC

  19. They can close all crypto exchanges, in the US and if you try to exchange overseas your bank will block your account. Game over

  20. @pawel nowak what if you just spend the btc itself? Like buy a house with btc?

  21. That is absolute bollocks. Regulations are very beneficial for society at large. Food safety/health and security/manafacured products. I can’t be arsed listing all the reasons regulation is beneficial for society. I’m not say all sectors, but to say all regulation is bad is naive at best and disingenuous at worst.

  22. Funny how most fanatical gun owners voted for a fascist then. FREEDOM, FOR ME!!! Not that Biden is great but that’s besides the point.

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