bitcoinstr on Nostr: #bitcoin #btc #bitcoinstr. Just read the SEC non sequitur statements FROM THE SEC ...
#bitcoin #btc #bitcoinstr.
Just read the SEC non sequitur statements
FROM THE SEC WEBSITE
“The Commission is merit neutral and does not take a view on particular companies, investments, or the assets underlying an ETP. “
…
“Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7]”
…
“Furthermore, the Commission will fully investigate any fraud or manipulation in the securities markets, including schemes that use social media platforms.[3] “
Just read the SEC non sequitur statements
FROM THE SEC WEBSITE
“The Commission is merit neutral and does not take a view on particular companies, investments, or the assets underlying an ETP. “
…
“Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware,[4] money laundering,[5] sanction evasion,[6] and terrorist financing.[7]”
…
“Furthermore, the Commission will fully investigate any fraud or manipulation in the securities markets, including schemes that use social media platforms.[3] “