RE: The SEC reserves the right to challenge FTX's proposed payments to creditors in stablecoins
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This 'SEC' everyday. Why try to stud crypto payments strategy. At first, what actually did FTX customers lose, 'fiat or crypto' the later is the case. I don't think the customers will be unhappy if they get back their money still in crypto. Just hoping this doesn't bring in some delays.
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I understand that as a regulatory entity you have to make some interpretations about cryptocurrencies and their correct use. Although there are times when they seem to be looking for some way to damage the reputation of the crypto market.
Although there are times when they seem to be looking for some way to damage the reputation of the crypto market. Most of time this seems to be their aim