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lol. From page 2 of that document: > Rather than initiate new rulemaking, Chair Gensler has repeatedly stated through speeches and testimony that the vast majo
by RVuRnvbM2e 3y ago
lol. From page 2 of that document:
> Rather than initiate new rulemaking, Chair Gensler has repeatedly stated through speeches and
testimony that the vast majority of digital tokens are securities, and has asked issuers and
exchanges that offer, sell, and trade them to come in and register. We disagree that the majority
of digital assets are securities. For those digital assets that are securities, registration under the
current rules is, for many market participants, either not possible or not economically viable given
the associated and unnecessary compliance burdens.
"The SEC has told us the rules. We don't like the rules, and the SEC refuses to rewrite the rules for us."
- FireBeyond 3y agoYup. "We disagree." Not "and here's why." "And registration is hard, or costs money or effort, so it's bad."