Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity”.
MiCA does not cover most NFTs (except fractionalized NFTs and NFTs released as collections). Similarly, it does not cover DeFi apps that exist without an intermediary.
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypto market.