⚠️ $BTC, $ETH, $LTC, and $BCH are not securities! At least that is what SEC Chair GaryGensler said in 2018. Watch the video and read more here -
. The main accusations are that they offered trading services with unregulated securities, such as BNB, SOL, ADA, MATIC, and other well-known assets.
It is worth noting that in its lawsuits, the agency did not touch upon the four cryptocurrencies labeled as “not securities” by Gensler in 2018.Shortly after joining the SEC, Gensler somewhat changed his stance on the cryptocurrency universe. The American, who admitted his affection to the market in the summer of 2021, latermultiple times that “everything other than Bitcoin” is a security, whereas the primary cryptocurrency is the only one that operates as a commodity.
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