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<div class="text-justify">As the consolidation and adoption of cryptocurrencies advances as an emerging market that can potentially replace the worn-out traditional financial system, controls are emerging that seek to regulate the use of the blockchain-type digital economy. </div>
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<div class="text-justify">Such is the case of the SEC and its apparent need to protect cryptocurrency investors, it is known that "The U.S. Securities and Exchange Commission (SEC) was created by Congress in 1934 in response to the Great Depression. The depression was caused in large part by speculation and fraud in the securities markets." </div>
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<div class="text-justify">Now, as is so well known, "It turns out that the free market is no paradise. We have already learned that the absolute absence of controls and supervision in the name of freedom lead to abuses, debauchery and collapse." </div>
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<div class="text-justify">According to an article uploaded by Gustavo Godoy in the Cointelegraph portal, "the free market without justice is neither free nor efficient. It's like playing soccer without a referee. Sooner or later, someone will cheat and the fun will be over." </div>
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<div class="text-justify">Therefore, "It's no secret to anyone that there is currently a crisis of representation. That is, many people do not think that the government represents them. Many people do not think that public agencies exist for their benefit".</div>
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<div class="text-justify">I would like to know your appreciation of what has been discussed here. </div>
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<div class="text-justify"><h3>SOURCES CONSULTED</h3></div>
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<div class="text-justify"><strong> Cointelegraph. </strong> How does the SEC work and why are cryptocurrencies afraid of it?. <a href="https://es.cointelegraph.com/news/how-does-the-sec-work-and-why-are-cryptocurrencies-afraid-of-it" rel="noopener" title="This link will take you away from steemit.com"> Link </a></div>
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<div class="text-justify"><h3>OBSERVATION:</h3></div>
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<div class="text-justify"> The cover image does not belong to the author: @lupafilotaxia, the image was taken from: <a href="https://techcrunch.com/2023/06/05/sec-crypto-securities-binance/" rel="noopener" title="This link will take you away from steemit.com"> Techcrunch </a></div>
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