The U.S. Securities and Exchange Commission (SEC) is tightening regulations on cryptocurrencies. After repeatedly stating that “everything other than Bitcoin is a security within the purview of this agency”, SEC Chairman Gary Gensler emphasized on June 6, "We have already realized the digitization of currencies such as the US dollar and the euro. There is no need for more digital currencies.” According to incomplete statistics from PANews, as of June 7, in 29 cases accused by the SEC since 2017, a total of 75 encrypted tokens were identified as unregistered securities.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
PA Tushuo | Yitu understands the tokens that have been identified as securities by the US SEC
The U.S. Securities and Exchange Commission (SEC) is tightening regulations on cryptocurrencies. After repeatedly stating that “everything other than Bitcoin is a security within the purview of this agency”, SEC Chairman Gary Gensler emphasized on June 6, "We have already realized the digitization of currencies such as the US dollar and the euro. There is no need for more digital currencies.” According to incomplete statistics from PANews, as of June 7, in 29 cases accused by the SEC since 2017, a total of 75 encrypted tokens were identified as unregistered securities.