SEC to Discuss Crypto Token Issuance Framework, Yen Tensions Escalate
The US Securities and Exchange Commission (SEC) will hold a discussion on the regulatory framework for crypto token issuers this Friday. The potential changes may impact fundraising methods in the crypto space, alter market dynamics, and influence investors' confidence.
Additionally, the Japanese yen is experiencing pressure as it approaches the critical psychological level of 160. This level has historically curbed the yen's decline, and if breached, authorities are expected to intervene once more.