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‘Is ETH a Security?’ Why Gary Gensler Couldn’t Give Congress a Straight Answer - Ep. 483
Unchained
The SEC's Rule on Cryptocurrencies
The SEC is focused on Section 5 of the Exchange Act, which deals in affecting transactions in securities. If you want to have digital asset brokers, then FINRA needs to approve digital asset brokers and the SEC is not letting that happen either. Simply, no, you can't do crypto in America. And that's the reason we're seeing people increasingly start to move off short.
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