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Two Regulatory Hearings Show Difference in SEC and CFTC Approaches to Crypto

The Breakdown

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Cryptocurrency - The Mother Load

The first big topic dealt with was how the s c defines crypto acids as securities. Senator toomey ued the example of bick coin, which cher gensler has publicly stated does not meet his definition of a security. He asked whether discentralization was the determining factor in this process. Chergensler: Of the nearly ten thousand tokens in the crypto market, i do believe that the vast majority are securities.

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