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3 comments block


[ - ] Crackinjokes 0 points 2.7 yearsSep 12, 2022 13:15:41 ago (+0/-0)

They've been saying this kind of stuff for years. Literally probably almost a decade. One day they may actually have the force of law but they haven't so far and frankly with all the reporting and everything that's already done with cryptocurrencies it's not much different than the reporting and everything else it would be required if they declared them securities. So it really doesn't matter.

[ - ] doginventer [op] 0 points 2.7 yearsSep 12, 2022 13:51:40 ago (+0/-0)

“Concretely, this could put several projects on hold, if the SEC considers that they have sold financial securities without having registered. This is not an empty threat: the financial policeman has already brought down several projects in this way, and caused a thorn in the side of Ripple, for example. The issuer of XRP is still in the midst of a battle with the SEC. More recently, Coinbase suffered the wrath of the regulator.“