Share this article

Gary Gensler Is Wrong About Proof-of-Stake Tokens

The Securities Exchange Commission Chair said the "investing public" may expect a return from staking. Polymesh's Graeme Moore argues that doesn't make these cryptocurrencies securities.

Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)
Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)