“It will be a town hall event, where attendants can meet with members of the SEC for informal discussions on fintech and cryptocurrencies. While the SEC seems to be most interested in regulating ICOs right now, clarification on all cryptocurrency regulation plans could help bring in new investors too scared to invest.”See the full report by Morning Money for yourself, here- https://moneymorning.com/2018/05/29/june-13-is-the-next-important-day-for-the-cryptocurrency-market/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+USMoneyMorning+%28Money+Morning%29 What sort of impact should we expect this to have? Well, first of all, we can’t guarantee that the SEC will make any official statements, although even if this is not the case, members of the SEC and those representing the SEC will no doubt be grilled for answers, suggesting that even without an official statement, after this event, we will know some more about the general stance of the SEC. If the news is good news and the SEC are looking to be positive about cryptocurrencies, the market will react accordingly. Demand will rise and so too, will prices. On the contrary, if the SEC react negatively and suggest they are sceptical about cryptocurrencies at best, we can only expect people to sell off in response to this, demand may be driven downwards and thus, values will decline. The scale of the decline can only be predicted, once we hear more from the SEC, although mathematically speaking, it goes like this; the worse the news, the bigger the decline. Likewise, the better the news, the greater the incline, so to speak. This is a great development either way, hopefully soon enough we will know more about the SEC and the United States future vision for cryptocurrencies, once we do, uncertainty can be laid to rest and we can finally look towards how the United States will integrate the blockchain revolution.