Investors are loving SEC’s crypto industry crackdown: Survey

Crypto MARKET_WATCH

Critics have called out the SEC’s “regulation by enforcement” tactics, but to some investors, it’s a positive sign they’re seeing to invest in digital assets. 

 

The United States Securities and Exchange Commission’s (SEC’s) more-than-enthusiastic crackdown on the crypto industry is being seen as a positive signal for the majority of crypto investors, according to a new survey. 

Around 60% of 564 survey respondents in the latest MLIV Pulse survey from Bloomberg said they viewed the recent flurry of crypto crackdowns as a positive sign for investing in the asset class.

 

Around 65% of retail investors signaled they were “more likely” to invest with “greater enforcement against crypto” compared to 56% of professional investors.

Conversely, only 35% of retail and 44% of professional investors said they would be “less likely” to invest as a result of more enforcement action.

 

Source : cointelegraph.com/news/investors-are-loving-sec-s-crypto-industry-crackdown-according-to-survey by Cointelegraph By Jesse Coghlan - October 25, 2022

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