FVyJEqMn9kS68lvciM83 on Nostr: The SEC requires startups in the cryptocurrency industry to actively register, and ...
The SEC requires startups in the cryptocurrency industry to actively register, and they themselves respond to the call, but the reality is that they are unable to register and the SEC rarely provides specific guidance when asked for the reason. Companies that are unable to complete the registration process are constantly at risk of being sued by the SEC, and even BUSD may be defined as a security. As a result, many cryptocurrency companies are forced to leave the US and become offshore, making it more difficult for investors to have their legitimate rights and interests protected. It's hard to understand why Gary Gensler and SEC would do this.
Published at
2023-02-13 12:25:26Event JSON
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"content": "The SEC requires startups in the cryptocurrency industry to actively register, and they themselves respond to the call, but the reality is that they are unable to register and the SEC rarely provides specific guidance when asked for the reason. Companies that are unable to complete the registration process are constantly at risk of being sued by the SEC, and even BUSD may be defined as a security. As a result, many cryptocurrency companies are forced to leave the US and become offshore, making it more difficult for investors to have their legitimate rights and interests protected. It's hard to understand why Gary Gensler and SEC would do this.",
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