LogicallyMinded on Nostr: CFTC Chair says 70%-80% of #crypto are not securities (meaning they would be treated ...
CFTC Chair says 70%-80% of #crypto are not securities (meaning they would be treated as commodities like #Bitcoin or #Ethereum). I would have expected a much lower percentage of crypto to be commodities under the definition introduced in #FIT21 (assuming the Chair used this definition for his assessment). I think the #altcoin summer is about to kick off.
https://watcher.guru/news/cftc-chair-says-70-80-of-cryptocurrencies-are-not-securitiesPublished at
2024-07-10 18:39:45Event JSON
{
"id": "a3a38e894537935f7e1ba722a144a0e908369180252197afd10531ba1a38247b",
"pubkey": "83d302b5c25ed43e5b75532fa6a6bda21c4b63e9f516826798f516fc4159b9c7",
"created_at": 1720636785,
"kind": 1,
"tags": [
[
"t",
"crypto"
],
[
"t",
"bitcoin"
],
[
"t",
"ethereum"
],
[
"t",
"fit21"
],
[
"t",
"altcoin"
],
[
"r",
"https://watcher.guru/news/cftc-chair-says-70-80-of-cryptocurrencies-are-not-securities"
]
],
"content": "CFTC Chair says 70%-80% of #crypto are not securities (meaning they would be treated as commodities like #Bitcoin or #Ethereum). I would have expected a much lower percentage of crypto to be commodities under the definition introduced in #FIT21 (assuming the Chair used this definition for his assessment). I think the #altcoin summer is about to kick off. \n\nhttps://watcher.guru/news/cftc-chair-says-70-80-of-cryptocurrencies-are-not-securities",
"sig": "cf6f768e4407e8c3cef4f6427b4f63a4ea627f347ed2116c54455c217cba3c289f283a68836d2bc6f9bcd7b99d0298ba6c0b8c16e6c544a4d0ddf3b80e0ef94c"
}