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Philosophically, It Doesn’t Matter Whether Cryptos Are Securities; Practically, It Does

When a main U.S. regulatory body defers to Crypto Twitter for leads on securities law violations, you know these categories are subjective.

Updated Jun 14, 2024, 4:49 p.m. Published Jul 31, 2022, 2:54 p.m.
If the SEC decided tomorrow that bitcoin was a security, it would change nothing about bitcoin fundamentally.   (Wikimedia Commons, modified by CoinDesk)
If the SEC decided tomorrow that bitcoin was a security, it would change nothing about bitcoin fundamentally. (Wikimedia Commons, modified by CoinDesk)