The U.S. Securities and Exchange Commission started investigating digital currency

The digital currency, represented by the bit rate, raged in the world and caused blows and reorganizations in China, South Korea and other countries. The U.S. government has always been more tolerant of digital currencies. However, according to the latest news from foreign media, the Securities and Exchange Commission of the United States has started the investigation on the digital money market.

According to a report by the U.S. authoritative financial media on Wednesday, the SEC has initiated investigations into the digital money market and the first currency issuance (ICO).

It is reported that the SEC has issued a large number of “subpoenas” or requests for information to some technology companies and consultants related to the digital money market.

According to sources, the SEC is investigating the digital currency company’s “chief currency issue” structure. Compared with the “initial public offering” of U.S. capital markets, there is a lack of regulation of the first currency issue.

For the relevant investigation, the SEC spokesman did not comment further.

The U.S. government’s investigation shows that the fanatical digital money market has worried U.S. regulators.

Over the past few years, the U.S. government has adopted a tolerant attitude towards digital currency. There have been numerous digital currency exchange platforms in China. Various digital currency innovations and corporate businesses including Starbucks have announced their support for consumers to pay in digital currency.

However, in the past six months, the attitude of the United States toward digital currencies has begun to change. Earlier, the U.S. Department of Justice had filed a lawsuit against frauds involving several practitioners involved in the digital currency trading platform. Recently, the U.S. police arrested a practitioner who illegally operated the Bitcoin Exchange and charged the charges. Allegedly, the practitioner provides stock trading in digital currency-related companies, the stock price is marked in bitcoin.

Digital money has triggered some government regulation around the world. Among them, the Chinese government has cracked down on reorganization and has closed down all its digital currency trading platforms. It is now preparing to rectify its cross-border trading platform. Commercial banks and payment companies in China are also forbidden to pay for digital currency transactions.

In South Korea, the South Korean government also started to reorganize the digital money market, but it did not take a resolutely banned measure. South Korea requires that all digital currency transactions must be nominally listed and that they begin to levy a tax on digital currency trading platforms.

South Korean officials once said they would block the digital currency trading platform, but under the pressure of domestic public opinion, the government said it will implement the policy cautiously.

It should be pointed out that there are still many governments that support the digital currency. It is learned that some countries’ governments are even preparing to launch fully legal official digital currencies and actively take the initiative. These countries include Russia, Japan, Sweden and Estonia. Japan, Sweden and other countries launched from the perspective of embracing new technologies and replacing cash Official digital currency, Russia may be to avoid economic sanctions in Europe and the United States.

Recently, in Venezuela, Latin America, in order to avoid economic sanctions, the government also issued a digital currency backed by bulk goods.