Biden’s SEC chair nominee signals more regulation for cryptocurrencies.

KEYPOINTS • Guidelines to be created for crypto currency • Bitcoin might be excepted S.E.C law • Crypto market is worth $1.45 trillion as Tuesday (3rd of March, 2021) • Tesla and MasterCard embraces crypto currency The U.S. Securities and Exchange Commission appears likely to work on its first guidelines for cryptocurrencies after President Joe Biden’s nominee to lead the agency promised to provide “guidance and clarity” to the rapidly evolving market.