Committee Advises SEC to 'Aggressively Assert Authority' Over Crypto — Says Virtually All Crypto Tokens Are Securities

[HAL1000]

https://news.bitcoin.com/committee-advises-sec-to-aggressively-assert-authority-over-crypto-says-virtually-all-crypto-tokens-are-securities/

[Montoya]

Has Gensler et al, ever bothered to explain how Litecoin and other Bitcoin clones can be securities if Bitcoin is not? Or have they simply dropped the charade of rational justification entirely

[peanut56]

Since they don't give clear rules, it means they don't want clear rules. Crypto is a threat to the financial monopoly of the U.S. They fight it because the U.S. government could potentially loose some power. Banks could loose their monopoly. IN essence crypto is financial change and change in financial systems is first scary and second it challenges the power and wealth of those who use it.

 

[HAL1000]

GG and friends know how to pick just the right kinds of people to help them in their nefarious plans.

CALLING TOM EMMER, A NEW DAY IS COMING RIGHT, RIGHT.... WHEN!