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Mark Cuban: The US SEC's stance on cryptocurrencies is "incredibly hypocritical"



Time:8/8/2022 12:08:45 PM

[Mark Cuban: The US SEC's position on cryptocurrencies is "incredibly hypocritical"] According to news on August 8, NBA Dallas Mavericks owner Mark Cuban said in a recent interview that the US SEC's position on cryptocurrencies Incredibly hypocritical.

Mark Cuban said that pink sheet trading in the U.S. securities market is very similar to cryptocurrency trading, but the SEC has not implemented any protection measures, and this is already within their purview. In addition, there are funds that include stocks that have no regulatory protections, nor do the SEC have any oversight over them. So when the SEC stepped in and said they wanted to protect investors from cryptocurrencies, they weren’t even doing their job. (CryptoGlobe)

Other news:

Mark Cuban: He insists on investing in cryptocurrencies because he believes in smart contracts: On November 14th, NBA Dallas Mavericks owner and billionaire Mark Cuban issued a post stating that he insisted on investing in cryptocurrencies because he believed in smart contracts. Mark Cuban added that from day one, I have said that smart contracts will have a significant impact on the creation of valuable applications, and the value of tokens comes from the applications running on their platforms and the platforms created utilities. Right now, these utilities aren't out yet, but everyone will need them. [2022/11/14 13:03:47]

Mark Zuckerberg: NFT is coming to Instagram: Jinse Finance reported that, according to Engadget senior editor Karissa Bell tweeted, Meta (FB) CEO Mark Zuckerberg said that we are working hard to put NFT in the short term. NFTs are introduced to Instagram, however, I’m not ready to announce the specific content-ethexc today.” Previous news, Meta is working on plans to allow Facebook and Instagram members to display NFTs in their profiles. (Coindesk) [2022/3 /16 13:59:03]

Mark Cuban: The price of Bitcoin is far from its peak, and its price depends on supply and demand: April 16 news, Bitcoin hit a record high of $64,000 on Wednesday morning Eastern Time, but the American billionaire, NBA Dallas Mavericks owner Mark Cuban doesn't think this new high will be the top for Bitcoin. Ahead of Coinbase’s listing, Cuban said, “It’s not inconceivable that the number of people owning Bitcoin could more than double.” There’s definitely an opportunity to go up, and I think it’s more likely to go up in the long run.” Like other Bitcoin supporters, Cuban believes the cryptocurrency will appreciate in value over time. Cuban said: "The price of Bitcoin depends on supply and demand. Because of its algorithm, the supply of Bitcoin is limited. We know what the supply is. The demand will definitely continue to increase." (Tencent Securities) [2021/4/16 20:25:23]

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