The U.S. Securities and Exchange Commission (SEC) is tightening restrictions on cryptocurrency. The agency has stated it will sue crypto firm Paxos for issuing BUSD, which has created anxiety around not just stablecoins, but the crypto market as a whole. So what does this mean for exchanges like Binance (BNB), TMS Network (TMSN) and DeFi projects like Ripple (XRP)?
TMS Combines Crypto And Traditional Investing
TMS Network (TMSN) is a decentralized trading platform that combines the best of crypto asset trading with traditional investment options. One bottleneck of most current exchanges is that they’re limited in what they offer. TMS Network (TMSN) is set to provide investors with the widest range of assets on a single platform, including stocks, forex, futures, and cryptocurrencies.
This one–stop shop will be the first of its kind, offering seamless transactions, with low fees, high speeds, and minimal fiat currency exchanges. To start making transactions, users won’t need to fill out excess paperwork to create an account. Instead, they simply connect their wallet to get going.
To help users, TMS Network (TMSN) provides a number of tools for new investors. These include a social trading infrastructure, where users can study and learn from top traders, a trading academy consisting of trading lessons to build a strong understanding of trading, and AI and bot support to build a trading strategy.
This revolutionary way of learning changes the landscape for investors, and provides new opportunities for individuals who think investing is too complex for them.
TMS Network (TMSN) is currently in the first stage of its presale and is priced at $0.0047. Investors who choose to buy and hold TMS Network (TMSN) tokens will earn a number of rewards, including commission, voting rights, and premium services such as advanced trading tools, backtesting, professional grade indicators, on–chain data, and whale wallet alerts.
With so much to offer, TMS Network (TMSN) could rapidly change the investment landscape, even despite the SEC’s recent activity.
Binance Coin Slips Under $300
Binance Coin (BNB) is a stable investment that offers strong returns for investors. Originally released to incentivize trading on Binance, Binance Coin (BNB) is now a popular investment with an average daily trading volume of around $900 million.
Binance Coin (BNB) had a strong start to the year in January, in which its value increased from $246 to a high of $332. Its price has since slipped to $291.31, though many investors believe this is nothing more than a simple market correction. However, recent SEC news could influence Binance Coin (BNB) should the Binance exchange be investigated by the agency.
Ripple Price Decreases After January Highs
Ripple (XRP) is a DeFi project that connects financial institutions with exchanges, payment providers, and corporations. It’s designed to streamline the process of transferring money, offering a scalable, secure, and fast solution. Ripple (XRP) offers average transaction speeds of four seconds, making it one of the fastest solutions in the market.
In January the value of Ripple (XRP) increased from $0.34 to $0.42, though much like Binance Coin (BNB), Ripple’s (XRP) value has declined. One Ripple (XRP) is now valued at 0.3681, however, Ripple (XRP) is less likely to be influenced by the SEC, due to its ability to collaborate with real-world corporations.
SEC Crackdown Isn’t All Negative
Although SEC regulation will almost definitely impact the cryptocurrency market, projects like Binance (BNB), TMS Network (TMSN), and Ripple (XRP) will find ways to thrive. Whether this means they’ll need to change their policies or offer new services, only time will tell.
You can find out more about TMS below: