SEC Chairman Gary Gensler revealed that he has asked SEC staff to fine-tune compliance for crypto tokens. cryptocurrency bitcoin
Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says 'Vast Majority Are Securities'
Of the nearly 10,000 tokens in the crypto market, I believe the vast majority are securities. Offers and sales of these thousands of crypto security tokens are covered under the securities laws. Bitcoin, the first crypto token, is referred to by some as ‘digital gold’: trading like a precious metal, a speculative, scarce — yet digital — store of value.
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