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Why Is Crypto Crashing? | Crypto Town Hall With Mark Cohodes

The Wolf Of All Streets

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The SEC's Decision to Close the Polygon Blockchain

The SEC is not going in and shutting down the polygon blockchain they are saying you are not allowed to trade this in the US without a license. It's very possible if not likely that Congress decides like hey people are really mad because the SEC is trying to make crypto trading outlawed in the US. I think as you're going into the 2024 election my guess will be that people will start seeing true we're not banned from doing decentralized applications it's just about compliance. If you want to do it you have to do it in compliance that's the big thing.

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