When you hear the word “regulations”, you probably think of negative connotations, especially in the context of crypto. The SEC (Securities and Exchange Commission) is a financial regulatory board that is currently attacking the decentralized finances industry, and whilst this will have a negative impact on many cryptos, Litecoin (LTC), TMS Network (TMSN) and Ripple (XRP) are more likely to benefit from it.
So, what is so special about Litecoin (LTC), TMS Network (TMSN), and Ripple (XRP) that they are not susceptible to the pressures of the SEC? Read on to find out!
Unlike most other cryptos, Litecoin (LTC) is not completely free from the pressures of the SEC – in fact, the SEC recently took fire on Litecoin (LTC) and its Bitcoin (BTC) exchange operator. However, this dispute was thankfully settled, and this has actually worked out very well for Litecoin (LTC). The SEC has since moved on to target other tokens, leaving Litecoin (LTC) in the clear for now.
As a result, Litecoin (LTC) is likely to rally amidst the exploding interest in SEC crypto rulings. It might sound counterintuitive, but by already being involved in a dispute with the SEC, Litecoin (LTC) is now associated with positive SEC relations which works great in the current situation.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized investment platform designed to unify crypto with derivatives such as FX, CFDs, equities, and more. The TMS Network (TMSN) platform also provides users with educational resources to empower safe investment, along with offering advanced analytic tools to experience investors such as AI trade bots, blockchain analytics, and even social trading communities.
Along with offering investors the democratic right to vote on the future of the token, TMS Network (TMSN) has overall taken an education-first, unified, transparent, and user-first approach to an investment platform. This is not only excellent business practice but also looks fantastic in the eyes of the SEC. This means that TMS Network (TMSN) is unlikely to face pressure from the SEC, and this explains why its ongoing presale has been such a success.
Even more recently than Litecoin (LTC), Ripple (XRP) has been experiencing court action from SEC throughout March 2023. Ripple (XRP) is a crypto that is designed for business use, with the token being popularized due to this corporate approach. The SEC noticed several practices in Ripple (XRP) that it did not approve of and took the company to court, but Ripple (XRP) has actually commented on the experience claiming that it weighs in the token’s favor!
The SEC actually agreed with some of Ripple’s (XRP) defense, and as a result, it is anticipated that the SEC will go easy on Ripple (XRP). Whilst the token is not out of trouble just yet, the issue is likely to be resolved fast, at which point the SEC will move on to other targets.
SEC is a huge problem in the crypto industry right now as it persistently targets the practices of token providers, but Litecoin (LTC), TMS Network (TMSN), and Ripple (XRP) are likely to be safe. Whilst Litecoin (LTC) and Ripple (XRP) have already faced action from the SEC, this is likely to put them in a safer position in hindsight, whereas TMS Network (TMSN) is unlikely to ever get involved with the SEC due to its transparent practices.
Overall, Litecoin (LTC) and Ripple (XRP) are decent tokens to hold in your portfolio, but you should prioritize getting involved in the TMS Network (TMSN) presale. The first stage of presale has already sold out raising $500,000 and with the SEC off of its case, TMS Network (TMSN) is free to grow. Don’t wait around though – the second wave of presale is nearly sold out already!