Isn’t this about securities being exchanged? and whether these crypto assets are considered securities? The Howey Test hasn’t been decided on all the crypto assets and the SEC can’t just rug pull this technology (regardless of its merits) across the board without justification. Hence why we should wait for the courts to decide.
Frankly Congress should have defined this stuff sooner to avoid this whole issue altogether, but our congress barely knows what the internet is let alone crypto.
Regardless of whether or not Crypto ends being a good/bad thing, the US can’t just put its head in the sand and pretend that crypto isn’t here to stay.
Isn’t this about securities being exchanged? and whether these crypto assets are considered securities? The Howey Test hasn’t been decided on all the crypto assets and the SEC can’t just rug pull this technology (regardless of its merits) across the board without justification. Hence why we should wait for the courts to decide.
Frankly Congress should have defined this stuff sooner to avoid this whole issue altogether, but our congress barely knows what the internet is let alone crypto.
Regardless of whether or not Crypto ends being a good/bad thing, the US can’t just put its head in the sand and pretend that crypto isn’t here to stay.