HAL1000 Posted August 3, 2022 Share Posted August 3, 2022 Wall Street Journal article covering some of this:- https://www.wsj.com/articles/senate-plan-would-put-bitcoin-ether-under-commodity-regulators-watch-11659499261?mod=e2tw The SEC keeps relegating the CFTC to the kids’ table. That's their regulation by enforcement strategy – attack projects w/ varying resources so they can expand their jurisdiction beyond “securities” by telling judges w/a straight face we’re the government so we must be right. 2/3 Time for the industry to lock arms and defend this overreach together. 3/3 PunishmentOfLuxury 1 Link to comment Share on other sites More sharing options...
HAL1000 Posted August 3, 2022 Author Share Posted August 3, 2022 To break this down for all those who want the easy to grasp version of what the Gary Gensler and the Sinister Ethereum Cartel really want Link to comment Share on other sites More sharing options...
Frisia Posted August 4, 2022 Share Posted August 4, 2022 "Even if a fraction of people" buy a token for "investment purposes, you’re in securities land." If that is what the SEC sustains then all crypto currencies are Securities, including BTC & ETH. Makes no sense at all and it just increases the confusion. HAL1000 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now