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Well, if they wanted to stick to the letter of the law, they'd immediately stop selling unregistered securities. It's not like it's difficult to register a secu
by martin8412 4y ago
Well, if they wanted to stick to the letter of the law, they'd immediately stop selling unregistered securities. It's not like it's difficult to register a security with the SEC.
- pffft8888 4y agoWho gets to define them as unregistered securities? The SEC claimed BUSD is a security and shut it down. If stabelcoins pegged against the dollar with provable 1:1 reserves are a security then... SEC needs to be dismantled or reset.
- martin8412 4y agoBUSD are two different currencies operated by different entities, while pretending it was the same, or it was anyway. The one backed 1:1 was offered by Paxos in the US and the other printed by Binance as they saw fit, while pretending it was the same. That's why it was killed off.