The reason for the declines in crypto? The giant stock exchange closes the central service

On the one hand, the compromise is a blow to the crypto market, and on the other hand, it brings with it a sigh of relief, which explains both the declines of the middle of the week and the slight increases of the weekend, after the announcement. This is because on the one hand, it heralds the end of those crypto investment programs with high returns that no other investment is able to yield – but on the other hand, it opens the door to an era in which similar but more responsible programs, without all the frauds that have occurred in the field, will be able to exist after regulatory approval under Clear rules that will ensure their seriousness.
The commissioner, Gary Gensler, previously said that such services pass the ‘Howie test’ – a standard set by the Supreme Court to decide whether a certain asset is considered a security or a bond. But until now this has been a source of legal disputes and mutual lawsuits between crypto companies Now, it appears that Kerran has broken and brought about the possible collapse of the entire industry (that is, the one that doesn’t work under regulation).