Testimony got heated on Capitol Hill today.@SECGov chair @GaryGensler says “there are many factors“ for crypto to qualify as a security.

“It’s not about the token being on a thousand computers, it’s like a group of developers in the middle.” https://t.co/eHzkFmh8Y6 pic.twitter.com/mVTPzitgIL

— CoinDesk (@CoinDesk) September 15, 2022